Thomas Henschen
The grantor of a fsbo property we're purchasing pasted away
Hello everyone, I'm not sure what to do in this situation, I'm seeking some knowledge from anyone who has been in this situation! We purchased a property from a lady (FSBO, we did the promissory note, mortgage and fil...
Daniel Pitner
Construction Loan/ projected income
I’m hoping somebody can help me solve this financing puzzle. Here’s the situation:1) we currently own two profitable airbnbs 2)live in a primary residence we want to turn into an Airbnb but this property does not prod...
Zachary Browne
Starting My Journey - Duplex
Hey Guys!
I am getting ready to start my real estate journey and am very excited. Love the content with the website and podcast!
I'm in a great situation to get started. My fiancée owns our house with about 100K eq...
Raymond Hill
Selling Real Estate Mortgage and Deed
We are working with a family that is preparing to put their property on the market for sale. Furthermore, the wife name is listed on both the deed and the mortgage. The husbands name is listed only on the mortgage. In...
Tommi Edwards
What to do with a property that has an $858K market value?
Hi BP,
My boyfriend and I live in a Brooklyn townhouse he inherited. There isn't a mortgage on the property and the market value is set at $858K. We want to get started with investing in real estate and plan on pull...
Martin Sterling
To Flip or short term BRRR? That's the Question
Flip vs BRRRGreetings,I wanted to know what you guys think about the differences in these two strategies when it comes to building up capital reserves. Please correct me if these projections are inaccurate. Situation ...
Danny Ferrari
Mortgage Lender Charging For Credit Check
Hello! New investor here 👋🏻 Is it standard practice for a lender to charge for a credit check? Currently being charged $40 for a "credit report payment authorization".
Vince Abernathy
First one in the books, now what? BRRRR Strategy
BRRRR Strategy - First property.... I was unaware about the 6th month seasoning requirement by most lenders, but I found two that would refi after the rehab is completed. What would you do in this situation or is ther...
Nick Holland
Analyzing a 13 unit property
I'm doing an analysis on a 13-unit property from a land bank property in my area. The property will need a total renovation and I'm not sure how to properly calculate my CAPEX. Since big ticket items will need to be ...
Kevin Meyer
Current tenant, soon to be landlord
Question:
I live in CA (LA county) and am currently renting. My current 9-month lease ends September 30. I bought a multi-family unit and close Aug 6. Tenants are coming in place with that property, and have lived th...