Moe Soliman
Should I have an Escrow account or not ?
I'm about to buy my 3rd investment SFH and all the homes I own including the one I live in have escrow accounts. Is there any advantage of not haveing an escorw and just paying your taxes and insurance at the end of...
Gary Horth
Contract for Deed vs Lease Option
I have a probate deal. It is a condo and the association does not allow renters. The property is free and clear but seller owes about $5000 in HOA and assessment fees. I am not sure whether to wholesale, lease option...
Aditya Mehta
My first flip - question on how to structure the transaction
I am going to buy a property that is being foreclosed next week. One of the things I had to do was get another family member to go in with me on the deal, so that we had sufficient cash to close at the live foreclosu...
Tony Lo
Michigan Security Deposit returning Interest
I have several duplex in Michigan which I usually place the tenant's security deposit into an Interest bearing savings account (getting very little interest at today's rates). In Michigan I could not find anything in...
David Quinn
Pet rent, deposit, fees, etc - whats legal in Mass?
Hi, I have a 4 plex in Marlborough. I have a rule against pets but 2 of my longer term tenants have cats (without asking permission). I've let it slide for a while - I know I should have addressed it right away. I...
Joshua Lyon
Military Veteran financing options
Hello fellow BP members,
I currently own a single family home in Colorado Springs that's been a great rental the last couple of years. I bought it using the VA loan and put very little down on it. I lived there long ...
John Michael
Use a HELOC just for down payment or purchase in full?
Happy Monday all,We are looking to start our first BRRRR and have a HELOC for $195k. It appears that our choices to purchase our first property are the following:1. Use the HELOC to purchase a property outright in ca...
Marquise Crampton
Financing Real Estate in Business name
Anyone want to share there experience and advice on putting properties in a LLC instead of personal name?
Cindy Schneider
How to post photos for rental ad before renovations are complete
I am a new investor and have a duplex that I currently live in one side. The renters on the other side stayed after I purchased the property so I haven't been able to do any renovation over there yet. They are going t...
Jake Silcott
Legal/Entity Structure Fix and Flip w/EquityInvestor
I searched the site for an answer on this and found some conflicting info. Looking for a little clarification.My business partner and I will be working with a new equity investor who will fund the purchase and rehab o...