Jonathan Sowinski
Sanity check: 50%/2% rules fail. Could this still be a good investment?
I am looking for some input on one of my first (potential) deals; I am currently under contract to purchase but wanted to see if the #s below make sense to other more experienced investors.
I am asking because I ju...
John Smith
Ontario - Tenants separated, advice needed.
Looking for advice on the following situation:Unit was rented out to a couple - let's call them Bob and Alice. Both Bob and Alice are listed as tenants on the lease - but financials are mostly provided by Bob.2 months...
Neerav Patel
can't verify past landlord and current employer for applicant
Hi guys,Thanks a lot for all of you to taking time to help.I am a newbie landlord and just had my first applicant for my newly renovated first property.She looks great on paper. She has a good high paying job and eve...
Kevin Longeuay
Are these red flags or just first time buyer jitters?
I'm looking at purchasing a condo from a turnkey company in Indianapolis and it looks good on paper but wanted to check with you folks.Here are the numbers:Price: $65kRent: $1075 (2bd 1.5 bath)Expenses (PITI, PM, HOA)...
Carin Kveton
Difficulty refinancine
I have a duplex I am trying to refinance. I purchased and rehabbed it, using a short term loan. I now need to refinance to a longer term loan. A local bank initially seemed interested. It cash flowed with just one ten...
Theo Hicks
Debt to Income Ratio: When does Rental Income Count? And Wages vs.Commission W2 Job
I have scoured the BP blog and internet and have not been able to find a clear answer to a few questions I have regarding Debt to Income ratio, so what better place to ask than here! So here it goes!1) I have had a re...
Julie McCoy
SFH turnkey in Kansas City - deal or no deal?
Hey all, I've been in discussion with a reputable KCMO turnkey operator over a house they only closed on this week - love everything about the property, but just got the offer numbers and now I'm not so sure. Locatio...
David DiMauro
Rebogateway or Listsource?
Curious if anyone has any recent experience with Rebogateway? I am familiar with Listsource but was intrigued by paying a flat fee for Rebo with unlimited downloads... If anyone has any input on their favorite way to...
Angela MIller
Can seller move closing date? What are our rights as buyer?
We have a contracts for closing on duplex 9/18, owner wants to move to 10/1? We do not want to, what are our rights?
Chuck Prime
The "And/or Nominee" Catch-22
I'm a wholesaler in AZ. I'm new multi-family, but have wholesaled SFRs for over 5 years. I write purchase contracts, I assign them in escrow, and I show up on the HUD. I'm careful. The vast majority of my stuff closes...