Sandra McKeever
Property With Existing 3 Year Lease Long Term Tenants
New member here and I have a very interesting situation with a house we are looking at - We haven't seen the leases yet (but requested them) for a 2 family house we looked at last night. The current tenants have been...
Ryan O.
Appraisal Woes
Long story short, we just completed a rehab put it on the market a couple of Fridays ago, and had five offers on the property by the end of the weekend. We had several offers at or near list price, and decided negoti...
Grant Lovelady
Financing Options / Ideas
Checking with the community to see if people are still Cash-out refi'ing. I am not scared of rates but they keep getting worse and my normal lender will only loan so small. I have a few properties I would like to refi...
Ray Malave
Buying Properties with HOA fees
What are your thoughts on properties with HOA fees? I'm looking at a 4-plex that has a $37 per door HOA fee.
Bryan Christopher
Allowing sibling to inhabit house after parents passed away/legal issues...
Hi all...Sadly, a friend has seen both of her parents pass away in the past year and change. They were older and it was not unexpected. They left a will with my friend as the executor of the estate. There are three c...
Troy Nonnemacher
Designing Website would like your opinion!
Hello Everyone,I am currently designing my website and was thinking a more personal feel/Family operated business would be more engaging for a stressed property owner. I am hoping to focus on buy, Fix, Sell but would ...
Jasmine Wilkes
Free and clear property
I have a free and clear property in my personal name for about 6 years and I want to take the equity out. I also wanted to know would it be best to transfer it into my company name or have my company buy it from my p...
Keivan Cross
Help Analyzing this Deal
Please advise on the following deal. This is my first deal in Dayton, OH.
$94,000 Purchase Price
$30,000 Rehab
25% down + Closing= $27,000
All in= $57,000
ARV= $125,000
COC= 12%
Neighborhood Grade= C
Cons...
Shauna Turner
Name still on Deed of property
My ex husband died last year and my name is still on the deed to the property we shared. THe divorce says he gets the property but nothing else was ever signed on the property. We have a living son and no one else. ...
Chad Althaus
Escrow hurting cash flow
Hi BP community,
I was curious on others’ experience with the topic of escrow. Earlier this year, my monthly escrow payment on a $100k house increased $180 (27% increase), which cuts my cash flow a great deal. When I...