Brandon Ness
Tenants Making Rent Payment
This is my first rental property- a duplex in Sioux Falls, SD. Inherited one tenant, who has been good so far. The other tenant I moved in; fully vetted, including employer reference and last 2 landlord references, al...
Matthew J. T.
What is the difference between wholesaling subject to and a mortgage assignment?
I have this situation where I may be doing either, because that is what my buyer wants and I want to make sure I do it legally and right. I've been learning about subject to deals, and also mortgage assignments but h...
Daniel E.
Can you email a nonperforming (NPN) borrower?
Wanted to know if it is legal to email a borrower. I have the work / personal email (borrower is an unaffiliated realtor) and have not been able to get a hold of the borrower. Wanted to try email, just to get the dial...
Eric M.
Laid off How do I get started?
Hello EveryoneI have been laid off a few months ago. I was miserable working at that job. Have been living off savings and really don't want to have to start another job unless I have too. I would like to get started ...
Account Closed
Analyzing a 5 Unit Rental
Good Afternoon!I've been looking at a bunch properties and i think i've finally found one that would be a good first investment and i was wondering if the community at BP could help me out at all?It's a 3 story, 5 uni...
John Pearson
First Time Poster- Cash Out Refi or Sell
Hello, I would like some advice on a property that my family owns.It is two SFR's on one lot (detached) in LA County that was bought in the early 80's and is now owned free and clear. It has an NOI of ~30,000 and I th...
Carl West
Lending my friend 5k
My friend asked me to borrow 5k to finish some work on a property he’s flipping using hard money so he can get his next draw is this something I should consider if so how should I go about it? He’s offering me 7500 t...
Tyler J.
How is everyone getting so many loans?
Hopefully not a stupid question. How is everyone getting there mortgages for rentals? What are they using to qualify you? Good credit obviously.
I guess why I'm asking, I just purchased my first home. I plan on livi...
Adah N.
Is There Demand for $4,500+ LTR Rentals?
An $800k house with 20% down, 7.5% interest + taxes($8000)+insurance($1800) will have about $5,200 monthly payment, $5,800 if 10% down payment. Is there demand for $4,500+ rentals in your market? What is the profile o...
Richard Wilson
I feel like now is the time ... but am I ready?
I have lurked BP for a few years, posted a few times over the last two years, always with some form of trepidation of entering the real estate market .... I really do believe now is the time, but ****, I don't even kn...