Keith Minton
Seller Financing, Taking back a 2nd Mortgage
HelloThis is my first time posting so be gentle haha.I am looking at buying a Duplex for 85K that will rent out for $1,500 conservatively. The seller is willing to finance 35K of it at 5% for 3 years. I can get a loan...
Ray Gaulding
First investment to save a legacy 🤔
Hello everyone my name is ray and I have loosely been around the real estate world most of my life. My experience all comes from my Amazing grandmother and grandfather who were born into poor family's and made a legac...
Alex Capozzolo
Commercial Mixed Use - Tenant Search - Hot Pink Hair Salon
Hi BP, my partner @Jon Sanborn and I recently bought a commercial mixed use property in Philadelphia, PA 19132: 3 Total Units - 2 Bedroom Unit, 1 Barber Shop Unit, 1 Hair Salon Unit. The tenants we inherited are great...
Steven J.
Remote Wholesaling
Hey all,
The market I'm currently in is quite competitive and I've been toying with the idea of doing remote wholesaling in a market that isn't as competitive. This will involve new marketing and learning a new marke...
Dan P.
Restricted Breed as Companion Animal?
An inquirer asked if I would accept 2 german shepherd service animals. Two dogs are fine with extra deposits. German shepherds are on my restricted breeds list (but of my choice not because of an insurance requireme...
Eric Barnett
W2 vs. 1099 and Issues in Acquiring Financing
Hello, My questions arises over a decision I have to leave my stable W2 job and go back to being a consultant as a 1099 contractor.  I will make about 20-30k more as a contractor with the ability to use my newly acqui...
Adam Smith
One Furnace In Duplex
Hello BP! We are looking at a SFR that has been split into two units. It has only one water, gas and electric meter (i.e.- one furnace and one water heater). Wondering how this would work with having two separate t...
Lenzy Ruffin
Can a tenant with no lease be evicted in 30 days by the new owner?
Have agreed on price with a homeowner and will get the contract signed tomorrow. This is a deal I will be wholesaling (and will be my first deal, if it goes through). The property has a tenant who has been there for t...
Sasha Friedman
How do I pay the down payment with OPM?
I'm looking to make an offer on an apartment building. I don't have the money for a down payment ($900k). Where would I go to find investors? The return would be 12%. I tried calling a hard money lender, who told me t...
Mark David
I've Got a few Landlord Questions For a Pro! :)
I have a tenant in LA who has been there only about 7 years (although it looks like they've lived there for 20). I do what I can. I keep the rent $400 below market, too. The house is 60 years old. On top of that, the ...