Michael Ramsay
SOLUTION: House didn't appraise
So my partner came up with a creative way around an appraisal issue and I'm wondering what you all think! - Buyers are prequalified based on debt/income for 300k debt.- Buyer submits offer to buy house at 250k- House...
William Truszkowski
Two houses on a single PIN
I have found a property for sale that has two houses on a single tax identification number. The first house was built in 2000 and the second house was built in 2013. Both houses have separate utilities, separate wells...
Arey Hiel
Switching rent payment date from 1st to 15th
Tenant has been paying on month to month basis on 1st of every month. However, tenant wants to switch paying rent on 15th of every month. Should I prorate first 14 days of rent in next months rent when tenant wants t...
Eric Hrlbock
Advantus beware beware be ware
Hello BP ers. I want to start by saying I almost got “got”. I pre screened a lovely lady over the phone who just had a divorce. I met her at the property and she had all her paperwork with her, super neat and organi...
Joseph Watson
Real estate tax benefits with seperate high income sources?
Hi there BP members hope you are all well today. I have a few issues that I am getting large differences of opinions on. I make over 100k a year at my current job and wanna get into rentals on the side to eventually g...
Account Closed
NEGOTIATED SALES PRICE $754,498...and $98? Really?
Why would the price have not been negotiated up $2.00 to $754,500 or down $98.00 to $754,400, a round number? Do you know how much chaos and extra time and effort throughout the loan process correcting the sales pri...
Naveen Kumar
Use Self-Directed IRA to BRRRR
Love the BRRRR strategy as a concept - just getting harder to find properties that can fit these days.So a shift in strategy - how about borrowing money from my SDIRA LLC to buy an investment property, record the mort...
Bradlee T.
I made an offer and I need your help!
Okay so I am new and don't know where to post this, so i am sorry in advance. Okay, so yesterday I made an offer of 1m$. The listed price was 1 050 000$ and my strike price is 945 000$. Is it okay if I offered more th...
Aaron Aiken
Family lending to create a note
So let me preface this with the fact that I know nothing about notes or how to create one, so I could use some advice here...Situation is this: My sister is moving to Pittsburg and realized its actually cheaper to pur...
Edwin Ramirez
Airbnb success in Hudson county county
I currently have a multi family on the palisades very near hoboken. Weehawken seems to be booming with Airbnb’s. Anyone have success stories with UC?
Any pros and cons would be great. I also hear is illegal but the...