Matt Beans
closing an assignment
After getting a property under agreement with a Purchase agreement, what do i do? i hear get the title checked by a mortgage company? how do i get the title? After finding a buyer do i give them the Purchase and sa...
Cameron Riley
Best/professional rejection message for applicants of my rental?
NEED HELP! I charge 20.00 APPLICATION FEE ( non refund ) and then pay a third party to HELP me choose the BEST possible tenant for the UNIT. Credit usually isn’t a big factor However, I always have to reject around 15...
John Vanhara
Phase 1 & Phase 2 - contamination by third party and risks
I am writing an offer on industrial warehouse in Los Angeles area. The area is known for contamination of underground water due to oil extractions & heavy industries. Many transactions come with something found on...
Kasey Destache
Declining an applicant
Hi BP Fam! I have a question as I am new to landlording. I have a back house in the Marina Del Rey (90066) area to be rent out. So far, I have one applicant (a couple moving from out of state) but they do not meet our...
David Moon
BRRRR - Refinance Question if Shopping for Rates
Hello BP Community! Newbie real estate investor here looking for some insight on the Refinance step of BRRRR.
I am planning on buying a home cash and utilize delayed financing for the property. Given the interest rat...
Henry Lazerow
Anyway to deposit checks that tenant sent you a photo of?
Is there a way to deposit a check if the tenant sends a front and back photo? For example when I am out of town. I know there are apps where you scan the check but I cannot figure out how to do it with a tenant sent p...
Juan Carlos Castillo
Partnering for First Property
So my sister and I want to jump into real estate and are looking into the Birmingham area for our first purchase. The reason for this is because running some napkin numbers it appears to cash-flow way better than anyt...
Shonda Rountree
Working with contractors
Last year, I had some issues with a contractor I hired to replace my sunroom. Needless to say, he never finished the job after I paid him. I did receive some money back from the deal. Looking back over this dark cloud...
Scott Graham
What questions to ask a Real Estate Lawyer?
Hi BP!Tomorrow I have an opportunity to meet with a Real Estate Attorney for the first time. I am in the process of acquiring my first rental property and want to have a list of questions prepared for him. What questi...
Bryan Boulware
Fannie Mae Homestyle Renovation Mortgage vs 203K
Hello, Has anyone dealt with the Fannie Mae Homestyle revocation mortgage? if so could you provide more information on the loan? Also how does it contrast from a traditional 203K loan? How was the overall experience u...