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If I were to get an acceptance letter from the lender for a short sale transaction and I closed on the property and in turn leased the property back to the person who was getting foreclosed on.
The question is, will...
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So, assuming this is a question for the "Fire Round" on the BP podcasts - is anyone willing to offer an opinion about or strategy for the following idea? Condos or apartments? Townhouses or SFRs? etc., etc.Goal: devel...
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I often hear that it's important to keep your properties heavily mortgaged to keep the equity down, so that you don't look "juicy" for a lawsuit. (assuming there's a reason for being sued in the first place) I cannot...
I bought a property in Lakeland recently (3/1 925 sqft) . Asking was $85k, after inspection we agreed to $64k.The house was in rough condition but seemed manageable. The AC was working during the inspection but was ol...
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Hello BP,I am looking for some opinions on whether I should lease to an applicant or not. Here is the scenario:The unit is a 3/2 duplex unit for $1550 per month with a $3100 Refundable Deposit. The unit has brand new...
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Hello!I am looking to help a friend find a place after a recent eviction. (I know, not the usual question for this forum). I am new to the rental game, so I know more about the processes than she does, not as much as ...
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I'm heading out to Kansas City to look at some turn-key rental properties and have never been to the city. Any ideas or advice on areas to avoid? Currently have a duplex under contract located at 3220 Elmwood Ave. and...
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Brand new investor here. I have 220k saved in my bank in liquid capital, 700 credit, and about 60k in salary. I am looking to buy and hold a multi-family to live in and rent as my first deal. I know there are many oth...
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I’m born and raised and living in El Paso, TX and have been looking at properties in Cape Coral, FL. I’m not familiar with the area but after doing my research, it’s looking like it’d be a great area to invest in for ...
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The senate passed a small business bill 61 to 37 on September 14th that will greatly help re-invigorate SBA lending. If this bill becomes law, the following items will be of significant benefit to borrowers.
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