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Results (8100)
Nicky Rasulova What information lenders require to evaluate a borrower credibility?
8 February 2015 | 6 replies

Hi everyone,I had a question on what type of information a lender usually requires from a borrower to evaluate his/her credibility. Is there a sort of checklist of docs/information that is necessary before applying to...

Ryan Bradley Can someone explain balloon mortgage to me in layman's terms?
1 October 2017 | 9 replies

Ok, so I am thinking of seller financing a home and it was advised I offer a certain % down and approach the seller about a 5 or 7 year balloon mortgage. I would make payments every month to the seller and at the 5 or...

Rodney Manning Triplex in CA - Section 8 Tenants
27 July 2020 | 6 replies

I am in currently in contract on a triplex where two of the tenants are section 8. This wasn't disclosed until I received the estoppels today. Upon reviewing the disclosures I have a a couple questions regarding the S...

THANG BUI How do I get rid of a subtenant
28 September 2014 | 8 replies

I'm taking over the property management for my mom and, for one of the units, the tenant is subletting. Apparently, in our lease we do not allow subletting. The subtenant is very dirty, refuses entry into his room, an...

Thomas O. Potential Florida Tenant Disaster! Help!!
18 May 2019 | 9 replies

Soooo I found a property that checks all of the boxes.  Gated community, 1% rent rule, newer property (13 years old), quickly growing area, close to shopping, beaches, solid cash flow, etc., etc.. Only negative is tha...

David Sharp Switching property to LLC
9 December 2016 | 7 replies

Hello All - I am looking for some advice on a property that I have in AZ. We have been considering selling the house, it is currently listed. Our initial reason being that we put $30k into it and did not want to have ...

Brandon S. 10% down payment on a 11-unit property
13 April 2016 | 6 replies

I'm looking at purchasing a 11-unit complex in Little Rock, Arkansas.  This cost is $609k.  I would like to put 10% down which is $69,000 and finance the rest.Does anyone know any way I could do that or is the 20% req...

James Letchford Receiving Investment Money from Another LLC
25 September 2017 | 6 replies

I have a friend that has a successful non-real estate business in an LLC. He's interested in passively investing in the real estate work that I'm doing, but would like to do so from his LLC.Here's are my questions:Is ...

Griselle Monzon Basic lease or roommate lease for house hacking?
11 November 2018 | 11 replies

I am new to BP and always love the idea of becoming a real estate investor. I was listening to the podcast and notice we have a great tool in our hands to start our journey. We are planning to house hack our house, we...

Vladimir K. Is this typical for Hard Money Lender?
16 September 2013 | 6 replies

After looking at two local (Chicagoland) hard money lender applications, I noticed that the lenders wanted me to disclose as much information as a conventional lender would require. In addition, the applications i...