Eddie Freeman
House flipping/ renting in alaska
Hey everyone! First post and very excited to be on the forums and post for the first time. I live in Ketchikan Alaska, the house prices are very high in this area, but there is the occasional deal. So my situation. I ...
Nadia Hale
Tenant app: Good income but $90k in credit card debt
Hello everyone In need of advice again from experienced folks out there . We have received an application from a tenant who makes $200k a year gross , two people -wife stays at home. They pay all thier bills on time b...
Colin Williams
Farm and Ranching Loan or Grant Programs
My wife is obsessed with farming and ranching. She grew up on a farm and really wants to get back into it. We're looking at places with land and barns and horse stables. I'm just curious if anyone can help me out with...
Account Closed
Buy and Hold Rules - Lets create a Summary
I'm trying to create a buy and hold summary to distribute to partners, i.e. Realtors. What do you thinking of the following:
[b]Goal:
Increase portfolio of single family residences to provide additional passive inco...
Jaden Zubal
Seller Financing down payment
Hi Everyone,I am currently looking at a deal for a 14 unit complex that has a seller financed note and the current owner is offering an additional seller finance to close the deal. He is asking for 6% interest on his ...
Brandon Clark
Window World or not?
Hey BP,I have a property in New Orleans that has 6 bad/broken windows that need to be replaced. I have two questions. 1.) Is window world a good place to get windows? Or would a contractor be a better choice? 2.) Shou...
Harrison D.
Airbnb?
Hi BP,
After a tenant recently moved out of one of my units, I decided I wanted to give the short term rental market a try.
A little background: This was a 2 bedroom unit in a Duplex in a trendy neighbourhood in Ot...
Nina Gibson
DSCR loans but what about the DOWN?
Hi,My brother and I just started an LLC. We want to start either flipping small or investing in multifamily properties, but the 20-25% down concerns me. If the DSCR loan covers the 80% where to we get a loan for the o...
Stanley Okazaki
Fishy Tenant Applicant.
Ok, we have this guy who at first seemed like a legit candidate but now is beginning to raise some questions. I don't want this to be a long post so I'll just point out the red flags....Claims to have been a realtor,m...
Basit Siddiqi
How to Appraisals work?
Hello Everyone,I am here wanting to fully understand the appraisal process and I would be appreciative if anyone can give me feedback.I am also appreciative if anyone can provide some resources such as articles or boo...