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If I'm using an LLC to purchase a property with a hard money loan, but I am borrowing money from a family member for the downpayment.. How would I receive that money from my family member? Would it go to my personal a...
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There’s been a LOT of hype about purchasing property SUBJECT TO existing financing. With YouTube videos, seminars and mentorship’s exploding around this niche, there are plenty of inexperienced buyers and sellers goi...
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Hi BP Community,
I'm looking for advice on whether I should rent out or sell my home in Sacramento, CA. I’m moving out of the house soon and will be living rent-free with my wife at my parents' place in the Bay Area ...
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I am not sure this is a unique situation, but it is to me with an existing tenant. Early this year, I found out that our tenant was wanting to purchase a home vs. renting long-term. I let them know that I would be ope...
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I've been "lurking" for a while here on BP. Learning while I save up some cash.Anyway, a deal has presented itself and I would like to know if I should pull the trigger.Details:Single wide mobile home on my street. A ...
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curious if we included as part of our tenant eligibility requirements that any payments (late fees, rent, utilities, etc) made to landlord MUST be in electronic form (i.e. wired) considered discriminatory or illegal? ...
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Hello all,Not sure if this should go into Personal Finance or not. Anyway, question is as stated - does your hard money loan count negatively towards your DTI ratio? I am wondering specifically in the context of if y...
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My wife's family lives in Kelowna (she's from Vancouver Island) and we travel from Seattle to Kelowna 4-5 times each year to visit. For a number of reasons, we feel like it's a good time to invest in the Kelowna real ...
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BP Family,I've been trying to get a quote on a refi for my personal property with a mortgage broker, but it seems the interest is high. What interest rate should I expect for an 800 score?Thank You in advance for you ...
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Hi there, thank you for checking out my post!I live in Oklahoma and would like to inquiry on whether or not it's considered legal to offer a military discount to prospective tenants. I would also welcome advice on how...