Simple 4 page executed contract provided for purchase money mortgage (pmm), seller financing $375k @ 4%, repayment monthly amortized 30 year, 15 yr balloon, no pre-payment penalty. Seller's P.O.A. is a non practicing ...

Hi Everyone,  Hoping to get a second set of eyes on my first set of calculations.  This is a TK in Indy, good B neighborhood.  I still need to talk through all the details of the rehab but it will be thorough.  Quick ...

I need advice of whether or not I should sell, refinance, or HELOC this one rental property. Given that real estate isn't my full time profession, I decided to ask the pros to see what you would do in this situation. ...

Anatomy of a Stockton Rehab - Lessons LearnedRehabbing a a topic that I have experience with. Too much experience really. I thought I'd put some photos together to lure readers and then work some Yoda like rehab-wisdo...

Hey BP! Im in the stage ofInvesting in my education. I always hear how if you wait for the perfect time to invest, you will never make it happen, which makes perfect sense. However, given that I am a newbie do you thi...

How are we doing here?We Bought 2 matching Duplexes in Feb of 2014 and paid  $332,000 (+ closing costs) for both of them.They needed approx $37,000  ($18,500 each) worth of rehabbing and were occupied with tenants pay...

In the lending industry, there is a commonly used term called a “shopper” to describe a person who is calling every lender in town to find the best deal on a loan. Experienced lenders can usually spot a ‘shopper’ a mi...

Hello! I am currently reading J. Scott's The Book on Estimating Rehab Costs. I plan to purchase my first property within the next year but will most likely be doing so out of state due to financial constraints. How ca...

Hi, I got a "criminal complaint" (misdemeanor) from Cleveland Municipal court because my property in Cleveland has "High Grass and Weeds".I pleaded Not Guilty because the PM confirms it is the tenant's responsibility,...

Hello all, This would be my first investment property and I need to be very careful about not making bad mistakes. I'm an our-of state guy out in NY. It's a duplex in Bell Fork / Hawkside area of Jacksonville, NC, 285...