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We were all set to close on the sale of my flip until my buyers lender decided they needed a few more conditions cleared: It is a high interest (8%) jumbo loan with 10% and low 600 credit (640 maybe?). They have been...
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Hello,
Looking to do a deal with a relative that would like to front the down payment on what will be a rental. We have an LLC and business accounts established. The traditional mortgage broker we are using wanted to...
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I am thinking about providing new tenants with a welcome basket of basic cleaning supplies and household items like: paper towels, toilet paper, toilet brush, plunger, dish soap, and all purpose cleaner. I moved a ...
Greetings. My wife and I thought we had a relatively simple purchase, but we're getting caught up in some details. Would love if some smart person had some ideas. We have a contract in on a 4 unit multifamily for $400...
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Is it a good idea to ask the mailman and/or code enforcement officer to let me know of any houses they know of that are vacant, for sale by owner, or otherwise potentially a good deal that is practically unknown to ot...
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Hi Everyone,Got a quick question. I'm looking to buy my first rental property (Me and two friends will be first tenants) and I'm having trouble getting prequalified. I'm 19 years old I don't have any credit establishe...
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Greetings all, Hung from NYC here and new to REI.
This
idea just came to mind out of nowhere and wanted to get a pro’s take on
it. Here’s what I’m wondering. I personally can’t house hack myself due
to my wif...
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Any ideas on how to collect $5650 plus attorney fees we are out ?
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Hello Everyone ! Im starting in my real estate journey and would love some input and advice...But let me tell you a little bit about what i've been up to ! Ive been listening to the BP podcast from show 1 and have als...
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Trying to help a friend plan - he's got a (3 units) rental in Northern NJ worth about $800-850K (his father transferred it to him as gift or $1 back in 2007). He lives in MA - in trying to sort out likely tax hit for ...