Jim D.
Will the bank call this loan due when dropping the PMI?
Asking for a friend (really). A friend of mine purchased an 4-plex about a year ago with a 5% down owner-occupied conventional loan (HomePossible). He purchase the property in his personal name, but after the purchase...
Michael Meade
Lease Cancellation because of Bankruptcy
So I have a unique situation. I own a rental in Nashville, Tennessee. An individual from Texas who is moving here has applied, and I approved them. They had a lower credit score. So I've obtained July and August r...
Rachael Britton
Working with realtors
Ok, so I find this potential property, ran my comps and is ready to make an offer and is at a pause. Why because I the investor found this property without a realtor. Now I do not have any contract with any realtor ...
Steve Burrell
Best markets for $100K properties.
So a recent BP blog was posted regarding the pitfalls of turnkey investing for $30K properties, which I totally get. But also mentioned "that $100K property you avoided because you thought it was too expensive." In ...
Alexander Ball
whats the catch?
I'm going on tuesday to check out a 5 bedroom rental property that is a short sale and listed at 85k. However, the description says the house is valued at 185k. How could this be? How could a house be listed at 100...
Franklin Marte
Is it better buying a real estate property with a friend?
I’m thinking about buying a property with a friend of multiple units at least 6 units down in Florida. Don’t know exactly where yet. We’re in the process of saving up money, my credit is at about 640 and so is his but...
Susan Morgan
Renovations Help!!
Hi,I'm in the process of purchasing a short sale. It's in bad condition and I don't mind doing the renovations but I need to be very economical otherwise I'm not making a profit. I'm confused on how I can economize. ...
Sam Fickel
Where do bad tenants live?
Everyone in the REI community always seem to have extremely high standards for the tenants they choose - good credit, no criminal history, on time rent, absolutely 0 evictions, etc. I've never met someone that didn't ...
John Larson
Buying primary home after retirement and owning rental property
I plan on retiring early and moving to a cheaper state in ~3 years. Our plan is to move into a rental home in the new state, sell previous home, and eventually buy a new home in the new state.Between now and then I p...
Roz Enfield
How much should I share with the buying agent?
We are starting to grow our buying agent network to BRRRR in our selected geo. I’m on the fence whether to let them know we are looking to purchase 20 to 30% under market value. Buying under market vale it’s importa...