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Hi, I am in IL and considering to provide lease option to a tenant. What should be the term for the lease so that it is not considered as a sale at the time of lease option agreement in case tenant wanted to ex...
Hello,
I've read a few post on here about this subject but really no hard answer. Can I buy a single family home with the intent to immediately rent with a low down payment conventional loan? A local bank offers a 1...
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Hello BP,A year ago I bought a condo in Niceville Florida that I kind of rushed into. Its a 2 bed 2 bath single family unit which worked for me at the time because I had a roommate that I charged an extra $500 to and ...
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Hello BP friends!
How might a mortgage be structured if I qualify for the mortgage but I have family who would like to partner on the transaction by contributing the downpayment (20-25%) Can you go conventional on an...
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I'm looking at Atlanta's Hard Money Lenders. Does anybody have any opinion about PeachStone Capital, Medici, or Piedmont?
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Team,I usually invest in firsts but lately I have been seeing some non-performing seconds where the firsts and performing and the second has enough equity for a full payoff. Is there any reason I shouldn't buy these?...
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I am currently in the process or getting cash out deal on a 3 family house i own in new haven. The mortgage company said the appraisal will be 650 dollars. I found it being very expensive is that correct? Also the clo...
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A newbie still learning how to analyze properties. This may be a simple question. If I am analyzing a multi-family property that I intend to house hack. How do I account for the rent for the unit that I will occupy? D...
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I'm looking at house hacking a property that has two residential units and 1 commercial unit (a small tea shop). I wanted to reach out here (to help others) before I reach out to my lender and ask: would I be able to ...
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Hello everyone,
Been away for a minute!!! Looking to get involved with REIT crowdfunding platforms. What are your top picks?