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I have a flip property under contract for $55k - in Atlanta, GA. Needs $70-$80k in rehab. ARV is an easy $220-230k based on comps in this neighborhood - likely more. Because the deal was so competitive, I would be buy...
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The lender said that my Debt to income is too high and causing me not to qualify. I rent out my first home. I have a bank account to show that I receive rental income. But the lender is stating that he needs two years...
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Hello! I recently started renting out my first property in June 2021. Coming up on tax season I would like to start setting myself up for success. Currently I have 1 rental property and 1 property I purchased (finance...
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About to be under contract for my 4th house. Seller added the following revision for an AS IS sale:"Buyer hereby represents that he has personally inspected and examined the above referenced premises and all improveme...
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Hey BP! This forum is becoming like more of a diary of sorts but it's nice to put thoughts out into the universe.
So, I'm realizing my identity or "lane" as an investor which is a developer. I didn't think or know I ...
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I have decided to target 20 or so towns in Pennsylvania (several counties) I want to purchase property in. Is there an online, paid or free, system that I can input the 20 town names and then filter to locate parcels...
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From what I understand, the tenant pays for all maintenance, insurance, etc. But what does the investor pay for? If a new tenant comes in, who pays for the remodeling, new roof and such?
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Hello, I'm currently under contract for a two-unit building. It's a worker's cottage style building that is probably between 100-120 years old. The building has a stone foundation that can be accessed from a crawl spa...
My tenant died and has three months of prepaid rent. His family is adversarial and I am wondering if I have to return the prepaid rent upon termination of the lease? The property and lease are in Virginia.
Howdy BP Community! I am fairly new to the MF investing and have a few questions.1) Can a loan be applied under LLC or has to be applied by the partners of the LLC?2) What are the loan options that won't require a goo...