Chris Seveney
To buy BK or Not buy Bk
I am a big fan of acquiring notes in chapter 13 bankruptcies. I was curious if there are others out there who also like Ch13 Bk notes or are there others who have questions regarding ch 13 -If you know how to guide yo...
Danielle McClelland
What’s the likelihood of winning this property at auction?
My husband and I are going to the courthouse in another month to bid on a condo in a fast growing area. The judgment is $25,000. From what I see on all of the real estate search sites, the value is anywhere from $120K...
Jonathan Godden
Please share your opinion on this LO contract I received
Hey guys,
My family and I are looking to rent this property from friends of the family. We are moving to a new city and really love the pictures of the house and expressed an interest in buying the house if we get se...
Will Barnard
Owner vs. tenant paid utilities
This is a debate that occurs often in the 50% rule.
Some argue that with owner paid utilities, your expense ratio could very well be much higher than the average 50% while others argue that the rental rate increase fo...
Tom NA
Owner Finance or Master Lease or ???
I'm looking for advice on a property that I own free and clear where I have a potential buyer that I'm negotiating with. We're trying to find terms that work for both of us and I think we're close. Let me give as ma...
Ron Alexander
Being fully covered against Tenant Lawsuits / Rental Properties
Hello Everyone,I owned 3 single family homes,I used to rent 2 of them and decided to sell all of them to have money to go into flipping,the reason I decided to do this and quoting rentals is that I am OVER (maybe not....
Ronnie Goode
Investment Property BEFORE Primary Residence?
What's up RE peeps?I'm in the Richmond, VA area and I'm extremely new to RE investing but have been hit by the "bug" like a lot of people. I've been absorbing a ton of information on RE to help with foundational knowl...
Mark Spritz
Income checks in Fanny and Freddie. Why, all have to hit?
So, if we were to use a traditional mortgage route to buy a Rental Property, the underwriter will have to check you income from job, others, as well as credit, amount of money you have and also any assets. Each one of...
Clay Smith
80/20 30yr does it exist?
Where in the world is everyone on BP finding non-OO, 80/20, and 30yr cash out loans?
I have contacted 13 lending institutions (banks, credit unions) and inquired about cash out loans. Here are the results...
Bill Coleman
Evaluating deals in Denver: what's a realistic NOI?
I have been analyzing condo and townhome deals for the last couple months in Denver metro and I am having a really hard time making the numbers work. I am looking for a little advice from some seasoned pros as to w...