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I have an investor that wants to sell his tenant occupied property. It's in a really desirable neighborhood and the tenant is paying $900/month and has been in the property for 8 years and doesn't plan on leaving. I r...
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I have heard mention and talk of this but have never seen proof that it actually existed before the financial meltdown.
I am just curious to see what you guys think about a 40 year mortgage product and if there actua...
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Closing on a duplex in two weeks and one of the units is still occupied. I have been told there is not a lease in place. Any advice on how to handle? Should I let him stay with new lease? Screen him as if he was a new...
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Hi All,I am coming to the end of the loan term for a fix and flip that I financed with a hard money loan. Long story short, I used the wrong contractor and the property took almost 11 months to get on the market. The...
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Hello, how are private money lenders typically repaid for a BRRRR method transaction? Example: our lender is providing us with $40,000 for the purchase. How (term, rate etc.) would they typically be repaid if we plan...
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I am recently divorced and paying both spousal and child support, so my income has been cut roughly in half. I am looking for ways to generate revenue so that I can start to rebuild my retirement.I own a home on six a...
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The property is selling for about $230K, excellent location. I would need a host service to operate since I live away. As I am new in this game, I need some advice. I have done a little research about the location.
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I live in California, but the market out here is getting so expense we're considering other places and Colorado Springs keeps popping up. Anyone live there and willing to provide some advice on what neighborhoods are ...
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I've listened to podcasts about using other people's money for RE investments, but once I figure loan payments, we can't make the properties cash flow well without more free and clear cash. Example: $990k 9-plex, gros...
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Hello BP. I am curious as to what everyone's opinion is on this matter. If you live in a market with a high price-to-rent ratio, such as my Market here in Portland, where cashflow is impossible or very difficult. What...