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Results (10000)
Jacob Price How to sell a note/lease purchase option?
11 August 2020 | 3 replies

I have an odd lease-purchase option that the courts have effectively deemed a note. It has about $60k left on the equity, it's 100k house, and is accruing 6.875% interest. It's not clearly written as a note, but nonet...

Joseph Belgrad BRRRR and credit checks
9 June 2020 | 1 reply

When doing several BRRRR properties over the course of a couple years, that would take multiple credit checks to be approved for loans and refinancing. Given that credit scores take a hit for a year every time the cre...

Nathan Chambers First Time House hacker, Setting up LLC
30 July 2020 | 1 reply

Already started my first House Hack, subdivided my house into a duplex and am renting my garage to a small furniture company. Looking for advice on setting up accounting, (have quickbooks and separate accounts already...

Daniel Lozowy Direct Mail Strategies Thread
4 September 2020 | 1 reply

Hey BP,This is a thread to share and discuss direct mail strategies for landing apartment deals. I am a beginner in direct mail, started not long ago with basic campaigns. So far my response rate is ranging between 2%...

Sam Stabler HELOC issue - Multi-Unit?
31 August 2020 | 2 replies

I live in a SFR property which we recently finished construction and received the Certificate of Occupancy for an ADU. The ADU was constructed since we needed an additional bedroom for our baby. I applied for a HELOC ...

Pedro Echevarria Ultimate First House Hack
1 September 2020 | 1 reply

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Waterbury.

Purchase price: $200,000

Cash invested: $15,000

I was able to use an FHA loan (3.5% downpayment) for this 4 un...

Roselynn Lewis REI All Time Greatest Book
30 March 2013 | 5 replies

Hello Everyone,

I am currently educating myself on REI. I would like to known what books you have read that you have found most help. I am especially interested in practical books. So far I am reading the ABC's of ...

Account Closed seller has tenant with 2 year lease...
25 October 2013 | 5 replies

I have a seller who currently has tenants with a 2 year lease agreement. Are there any special considerations for this situation i should be aware of. Louisiana is my state. Thanks!

Bryan Rodriguez Looking for Richmond RE Attorneys
6 November 2013 | 2 replies

Greetings,

We are in need of a referral for RE Lawyers in the Richmond, VA Area, who effectively work well with investors and are competent with Real Estate Contracts (i.e Subject To, Mortgage Assignments, etc). Than...

Danny Shore qualifying for a mortgage & traditional IRA contribution
20 April 2014 | 1 reply

how does contributing to a traditional IRA affect an application for a mortgage? Since the contribution lowers Adjusted Gross Income, does it reduce the "income" that would be counted towards paying down a mortgage...