My brother and I inherited some rental properties in Los Angeles and we are very fortunate with what our dad did. All the rental properties are paid for. No mortgages but most of the properties are fairly old. Anyway,...
Hey BP,
I would like your opinion on my financing options on a 4 unit property that is fully rented. I was originally planning to buy with a conventional 30yr mortgage, but then found out that I cannot use th...
As Dodd Frank Act coming, I can see that LO investor should use MLO ( Mortgage loan originator) as our middle man to structure a deal. I used to close a deal in an attorney office. My question is if you put a MLO i...
Hello everyone. I am new to the group and I'm so glad we have this forum to ask questions and interact with other like-minded commercial real estate investors. What are the group's recommendations for what type o...
Hi Everyone,I am looking to purchase a single family, in Chandler, AZ, and have been out bid a couple of times already. The MLS drops a new address and it's under contract within 24 hours. So I am trying to be creativ...
I am in the middle of this deal in Houston TX and I'm purchasing the property through a turnkey provider. The agreed purchase price was 300k. However the property was appraised for 260k which I believe is the true va...
Hi all,New member here. I have a question that is a bit different to what others have asked re. renting from a property held in the name of an LLC you are partnered in, so I'm hoping someone can help out or give some ...
Hi All,State of ILMy tenant paid just over half of the rent for the month of Feb. He has come out with various excuses about how he had mold testing done in the home etc (all bogus claims of mold) and that is why he d...
what would i tell a motivated seller that has their property listed with an agent?
I own a home out of state (Oklahoma) that is leased until the fall. Recently the sewer main broke and had to be repaired...$$$... That is done and paid for. There was some back up into the house... I've paid for the c...