Ben Vitale
Two offers mutually contingent
I'm not sure this even makes sense so here goes.
Property for sale is a 57 acre parcel with a subdivision in place for 6 parcels. One of the parcels is an old farmhouse with 3 acres. We are interested in purchasing t...
Matt S
Refinancing a Rental- Good deal or not?
Have a rental that is currently at a rate of 7.6% 30yr fixed with PITI/mth of $975. Right now it is break even cash flow. Rents in that area range from $950 to $1150. I am attempting to refi under HARP which allows 1...
Cutter David
What’s my next step? Whole saler
Alright guys I need some guidence! Found a home with no mortgage. For sale by owner! No offers that I know of have been submitted. The market in southern Utah is a sellers market. Home needs a lot of touch ups built i...
Steven Primiano
Bedbugs - Tenant or Landlord Responsibility
We moved a new tenant into a 2-family home in New Jersey this past July. She recently notified us that she found a bedbug and a week later found 3 more in her mattress. We tried arguing that a bedbug is something sh...
Bob M.
HELOC for downpayment on investment property
Hello everyone,This is my 2nd time posting on the forums, with another question regarding applying for a HELOC on my primary residence for the down payment on an multi-family investment property. As I'm getting to th...
Sam Elder
FHA Home Flipping Waiver About to End
In an effort to stimulate repairs and sales in neighborhoods hard hit by the housing crisis and recession, the FHA waived its standard prohibition against financing short-term house flips. Before the policy change, if...
Chris Rightmyer
Seller Financing and Tax Issues
Hello. I have an individual that is opened to selling me their current duplex portfolio, consisting of around 7-10 duplexes. I was attempting to work with him on some sort of seller financing option as he would be o...
Nick Burkhardt
Stalled on buying my 3rd Property - How to push past?
Hi BP crew! So excited to reach out today. Hopeful that I can get some advise to help me keep pushing forward in my REI journey! I purchased my first 3 unit FHA in APR 2018, and then my second property, a 5% down dupl...
Jill McCann
Advice on Loan options
I'm getting a divorce and acquired our property at settlement. I've refinanced my main house and an investment property and am out of ratio for refinancing the last property. I've contacted the lender to request a sim...
Michael Wessel
Here Goes Nothing Indiana!
Hello fellow BPers!I joined the site a few months ago to read and learn but have not been active yet. The information and motivation from this site has gotten me to finally get moving!After looking at dozens of potent...