Hello everyone. I had a question regarding my first purchase. When applying for the loan, should I do it in my own name, or create an LLC and apply in a business name. Eventually I want to put all properties in a b...
Hi all,
So I’m in the process of closing on my first building with a VA loan. We were set to close initially on November 15th, but during attorney review i discovered the current leases end Feb 28th in one unit and A...
If the u.s. government has blacklisted Dubai, UAE, what does mean if its an offshore banking center? If so, why? Would someone returning to the us from Dubai with money to declare arouse suspicion assuming its a lot o...
As a new investor, I simply don't have the budget for ListSource.com or the like, with prices between $0.14 and $0.18 per lead.
I have heard mention of some investors contacting local title companies and having them...
Hi BP members! I am 22 years old and live here in Winnipeg. I have had real estate on my mind for about a year now and have been attempting to learn as much as possible before buying my first rental property... I am a...
Background & Context
Today's New York Times reports on a new publication, Appraised. The publication argues, based on recently released appraisal data-sets, that current day appraisal processes bake the results...
Good evening BP,I sold a house we owned for ten years a month ago. Great sell 35k over asking. We had to kick the tenants out one day prior to the sell and turn over the keys the next morning to the attorneys. Then th...
I am running into a problem when attempting to use the Zillow nearby sales to run comps. I generally look for within .5 of a mile and use the average sqft of several to get a good feel for what the property should go ...
Does anyone have any knowledge or 1st hand experience with purchasing a bank-owned property that is occupied? This is in Pennsylvania..IE; what's involved in the purchase process and how the occupants can affect it, a...
Summary of my 4-plex deal:
1. Seller buys house for $30,000 in 1969.
2. In 2004, seller takes out a $350K 1st Trust Deed against what was, at the time, a free-and-clear 4-plex.
3. By 2010, seller has let property ...