Hey Everyone, It's no secret that Americans owe over $1 trillion in student loan debt, spreading out over millions of borrows. I'm curious to hear how other successful real estate investors who were once faced with th...
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I recently (late Sept. 2018) purchased a duplex in FL. The property was fairly run down, i.e. overgrown yard, the occupied unit has window coverings consisting of aluminum foil and/or bed sheets/blankets, additionally...
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Property appraisal value: 265K
Borrower's down payment: 79K
You 1st trust deed: 132K
Seller: 2nd trust deed: 70K
Two year balloon
In addition to the high combined loan to value, what e...
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Hi BP community. Wanted to put up a question to get some suggestions from landlords who might have gone through a similar situation. I am dealing with a non paying tenant in Massachusetts.She is a single mom who mov...
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I have an investor/agent that would like to partner up and utilize my good credit to purchase a flip. Property would be around $500K, with ARV between $700K-$800K. He is proposing to provide the down payment, rehab ...
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Hi everyone, I made a super rookie mistake and allowed a tenant to sign a lease before she sent the deposit. She said she would send the deposit later that day via e-transfer, so I sent her the lease to sign after che...
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Background Information
1. Tenant is out of the apartment
2. Owes 7k +/- in back rent / heating oil
3. I have TAW agreement and a document he signed on the day he moved out stating he owes the above mentioned monies,...
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My investment in Philadelphia has been a money pit. I had a 3 family property in an awful neighborhood with awful tenants, I was finally able to sell it and now I'd like to know what next steps I need to follow in or...
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I am trying to finance my repair and renovation for a duplex investment of 2500 sq ft property that I recently purchased. This property is in California in the LA area. The repair for foundation and earthquake retrofi...
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I have a property I purchased for $100k with $3500 down payment in 2014. It is generating approximately $250 in positive cash flow every month. Today it Is worth approximately $150k-$165k. I’ve been paying an addition...