Hello Investors, I was contacted by a company that runs an assisted living facility / group home in Phoenix, AZ. They want to leave my SFH and use it to run their facility. This is my first time hearing about this and...
Hey BP, I'm Ryan!I'm 17 atm but turning 18 in December and planning to move out June 2021. I was wondering if I could get an opinion about House hacking in San Diego. What would be the pros and the cons? I really like...
Hello everyone,
I reached out to 4-5 lenders regarding DSCR loans and found it difficult to make a deal work, even in areas meeting 1% rule.
Here’s a recent scenario:
Purchase price: 244k duplex, good condition
...
I alerted the closing attorney and the real estate agent that I would not participate in closing due to some issues with my divorce from the co-owner/spouse. Since then, the closing attorney and the real estate agent...
Getting ready to sell a rental when I saw the most recent water bill balance was $20,000. Turns out, the (month to month) tenant was out 5 months ago before a pipe burst and the city turned it off. During this time my...
I am building an ADU on one of my rental properties and looking to maximize the appraisal value. The ADU will not be attached to the primary home and will have a separate entrance with parking.How have appraisers been...
Good evening BPers,I wanted to run my specific situation past the collective of you in hopes of some well thought out help. I'll give wavetops and hope to get some decent advice on moving forward.Situation: I'm a real...
If a private lender (individual, not a licensed lender) violated several Dodd-Frank regulations in giving a 2nd mortgage, what would happen if the lender tried to foreclose?Violations include:"Lender" knew "borrower" ...
Today the Governor of Ohio issued an executive order requiring Ohio residents to stay home beginning March 23rd at 11:59 PM until April 7th. Thankfully, real estate and other key business have been deemed essential an...
My wife & I own a small brick bungalow here in Southern Ontario and have been tossing around the idea of converting our basement into a 1-bedroom apartment to help with our tight cash flow situation. We have acces...