How are property managers structuring escrow accounts for rent collection?
Do you create separate escrow accounts for each building?
Do you collect all rent through a single account before distributing to individual...
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I'm acquiring a property at 65% of ARV using a private mortgage (secured against the property) and then want to immediately refinance the property using a conventional mortgage through a normal bank to pay off the pri...
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So I need to find a money partner to close my first deal. I'm not having any luck finding a partner yet. I'm thinking of offering the partner 95% of the deal to get it done. Would this still make sense to get it done?
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What key factors should first-time borrowers consider when securing funding for their initial real estate investment?
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I’m looking for insights on how to put together a deal with the following details:
Asking Price: $260KMarket Value: ~ $265KProperty Details: 3 bed / 2 bath / 1,400 sq. ft.Days on Market: ~100Loan Type: VA Loan (Attem...
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Hey BP!!I am curious on your thoughts. If you have a tenant applicant who is qualified in all aspects except they have bad credit due to medical, would you require first months rent AND 2X securit deposit or First, La...
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"The real estate sector now makes up ~40% of the digital securities market, amounting to approximately $200 million, as reported by Canadian-based digital securities company, Atlas One Digital Securities.
A Recent Hi...
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I have this tenant (in GA) whose lease is expiring on Mar 31 of this year, but just got a notice from her that she will be moving out at the end of Feb and asked me to accept security deposit for March rent, whic...
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My wife and I are planning on moving next year and turning our current place into an STR. We currently have a ring camera in the front of our house and another in the back. The camera in the back covers a small porch/...
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HELOC for BRRRR?We are in the midst of securing a HELOC that we intend to use to pursue a BRRRR deal(s). We would like to use the HELOC becuase all-cash offers are king in our market and we also realize that few if an...