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Neighbor moving,filing bankruptcy/ now what?
Well I've done a little research (lurking) and realize that for the new guy it can be really difficult to find that deal before the investors do. Today I was coming home and I saw some trucks in front of a property a ...
Ralph S.
Lending in a downward market.
My question is directed at the lenders here on BP.
I understand we've learned the lessons of liars, high LTV, and ARM loans and have retrenched to a more sane and traditional lending practices, but, with the continue...
Aaron Cappelli
How to get the second property
Hello!I bought a four-plex in October with the VA loan, so up front costs were miserable. Everything has been going well so far so I am thinking about buying another property! However, from my preliminary research, th...
Allison Dingman
Medical Dental Commercial Office
Investment Info:
Office Space commercial investment investment.
Purchase price: $425,000
Cash invested: $35,000
Medical Dental Commercial Office; financed with owner carry.
What made you i...
Raden Mantuano
Telling the Sellers Agent.
1st question.
So I may have my first deal on contract soon, I went straight to the seller and he never mentioned he had an agent, but me n the seller agreed on terms. Now he is going to send the agreement to his agen...
Gary Wright
Risk on Contract for Deed, Subject To, Assumables
I was studying material provided by Brian Gibbons last night on Money Section. I haven't finished reading yet, but noted the following questions while I was reading:1. Is it practical to do Subject To on HOA Liens? ...
Aaron Cullen
Los Angeles community banks/credit unions for line of credit
Hello BPers,Does anyone have any good leads on banks that might be willing to extend me a line of credit if I deposit money into their bank? Is anyone doing this in LA for property investment?My broker I'm working wit...
Michael Cutting
Estimating cost to submeter utilities
Hello all!I'm curious to know if there are any rules of thumb or rough estimates for costs involved with submetering a building for utilities. The apartment building I'm conducting diligence on is an 8 unit in which u...
Vicky Kalashian
Cash out refi, debt to income ratios and acquiring more loans
Hi all! We have a paid out rental that generates a net $1400+/mo that’s worth about $235k. We want to purchase a $140k fixer we’ve identified by using a Cash-Out Refinance of $170k (30 for rehab). ARV is like $215-22...
Gaston Torres
Should I refinance and cash out home equity?
Hello BP,I own my primary home and have about 20% equity on it. i.e. Loan: $200k, House worth: $240kCan I refinance it over the $240k? I could then pay off loan, and get the 40k equity in cash. Next I could use the $4...