Neel P.
My financing fell thru, after initial closing date. Do I get EMD?
So my lender was lagging a lot and therefore me and the sellers agreed to postpone closing date twice (we signed anAddendum). Now the official close is set for next week. This is about 50 days after signing the init...
Sean Douglas
A unique start to real estate
I am brand new to real estate investing and I am hoping genuinely the BP community can help me out. I am in a somewhat unique situation and would love some references and guidance on the issues I have. I have a home t...
Christi Lane
FHA Funding in Los Angeles Area on a 4-Unit Building
Hello! I am looking into House Hacking in the local area where I live (Los Angeles/Orange County). I spoke with a lender about the possibilities of doing an FHA loan on a 4-unit building. He said that in order to qual...
Gannon Beebe
Restriction to increasing rent in California in 2021
A little background on my situation. I own a condo in San Diego that has two tenants who meet my rental requirements together but not separately. They are on a month to month term now. The financially stronger tena...
Bert Dean
Should we refi with cash out for imorovements now?
I am 72 and my wife is 71. We owe $68K on the house we live in here in Augusta, GA---a market with sustained growth from Ft. Gordon, the NSA headquarters, the Cyber Command, and the Cyber Center for Excellence. The ho...
Tiffany Watkins
Help a newbie with the numbers?
Hey BP community. I am a new investor in Washington and I need help with some numbers. I found a 2/1 w/o a garage, built in the 50s that is in an area where the median home price is $330,000. The neighborhood has home...
LaMiracle Schaefer
Can I use my LLC as the Landlord for a property personally held?
Hello BP Community,
I am in the process of filing my LLC. I currently have a property that is financed personally. I do not want to transfer ownership to avoid the bank possibly initiating the due on sale clause. Ho...
Zachary McDonough
Buying a property with tenants: Inheriting cashflow or problems?
Stepping up my game to multifamily…This 6 unit is rented in a decent area and has 5 rented and the owner occupying the 6th. Here’s my objective. Buy the property with a conventional investment loan. Fix up the 6th uni...
Coleman Fierst
Apartment complex direct mailing
Hi I’m an agent and I’m on a team with a focus to target first time home buyers. Currently we get most of our leads through Facebook ads but I wanted to give direct mail a shot and I think a great place to start would...
Brian DeLorme
Borrowing from a 401K to purchase a rental property
Anyone out there borrow from their 401K to purchase a rental property? How did it go?