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I have a potential homebuyer a trust worthy friend that has great credit and income/assets etc. And with one of my properties im upside down in terms of value etc. Im on a interest only loan with no pre-payment penalt...
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Hello all, this summer I bought my first house and since that moment I knew real estate investing would be in my future. The day I closed on my house I already started thinking about how I would buy my next one. That...
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Hi everyoneNew to this forum and couldn’t find an answer so here goes. a few levels to this question and appreciate any input.I am “inheriting” a commercial property of my parents — they are planning to transfer compa...
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Hey BP!So, I just received an inspection report. It's for a small multifamily. The numbers work fine... currently at 2.79% rent to price ratio...not wonderful, but meets my criteria. So my question is... got the re...
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One of the most intimidating aspects of getting a loan is trying to sift between jargon and fact. For something as important as a mortgage there is plenty of misinformation out there. If you talk to five different peo...
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Does raising the rent mean raise the deposit , in the middle of re structuring a lease, and ill be raising the rent, does this mean tenants will would need to pay additional money for to bring the deposit to equal the...
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The biggest newspaper in Phila - The Inquirer - recently ran a story from a reporter who was having issues 14 years after he agreed to allow a buyer to acquire his property by a "simple assumption" of the mortgage; so...
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Hey BP!I am in the process of reevaluating the legal/tax side of things for my business and I wanted your input! Feel free to bring up any and all concerns you deal within your business and any ideas or suggestions yo...
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Hey all, I have been in the El Paso area for the last couple weeks on business. I am a claims adjuster and have been working on every end of town and surrounding suburbs. Something I've noticed is that there are singl...
I've been presented an opportunity to purchase 12 non-performing notes for some duplexes. My question is what could I anticipate the cost being to foreclose on these notes? They are individual loans but are all owne...