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In deciding whether to buy a big multifamily property or not, does the fact that there has been a couple of shootings over a couple of years in the complex play a big role? What about reports of sewage flooding apartm...
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Hey guys,
If I wanted to buy a property from a family friend who is willing to seller finance the deal, what would be the process we should go through to get it done?!
Do we need a real estate agent or is there a w...
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So, just to point out I am extremely new at this so pleas bear with me. My situation is:1) I'm living in a primary residence with 200k still left on the loan (bought house for 225k) and make about 60k a year. No oth...
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From my understanding, there are banks that will provide "in-house mortgages" that will offer rehab loans. These loans will roll the costs of the rehab into the loan, allowing you to cover the entire cost of the rehab...
I am looking at this property to get it under contract, its about 27000.
But it is in very bad condition. It has no heat and Air conditioning. Holes in Floor(sigh). some of electrical wiring has been ripped o...
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A friend investor is unable to get financing for this property and he mentioned it to me, details as follows: Purchase Price: 405K (50 days in the market - current owner is retiring)4 Units - 3 bedrooms eachAll units ...
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Hello BP,
I purchased a quadplex a few years ago. After rehab and rent raises, the value has increased by $50,000 +
I started looking into refinancing when I was laid off at my “job”.
I’m wondering if any of you hav...
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hello my friends at BP, I am trying to help my best friend with creative rental advice and I really don't have very much rental experience. The issue is she recently got married and moved in to her husband house. She ...
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I have a prospective tenant that has a 3 year old Red Ear Slider Turtle. They are supposed to grow to 12". Assuming it's going to need an indoor tank, I'm trying to figure out what to charge as a pet fee and/or extr...
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I've debating in my mind if I should consider the mortgage payment in my expenses when determining profitability. Only the interest is truly an expense but a mortgage payment certainly impacts cash flow. How do you de...