Dear community,So I have a really weird idea definitely not the normal "strategy" and Id like to hear the pros/ cons from everyone regarding this. I'm selling, yes selling! not cash out refinancing and maximizing my l...

Hi Everyone,I need some guidance or tips or any ideas in regards to an appraisal that did not come in as expected during a cash out refi. I have done several in the past and most I have been satisfied with the outcome...

My brother and I inherited a single family home last year and we also inherited a tenant. This July, the tenant complained about a leak that managed to seep through the walls and onto the floor from the attic. We had ...

I need to create an LLC for financing as well as liability reasons. This thread isn't about the pros and cons of forming an LLC.Rather, my question is:Should I hire an attorney to do it "right", or is it good enough f...

Hey BP People,I am currently screening tenant applications for a vacant rental property of mine and I came across an interesting situation. The applicants are a Hispanic family with 3 young kids; Mother is a housewife...

I just bought my first 4 unit building 6 months ago. I’ve needed to put some money into it along the way. 3 units are occupied, the 4th is mine. The rent breaks down as:75010251160Total: 2935The expenses:1850 (mortgag...

I am buying a condo without a title company. I know most people will say to use one, but I've done the title search and am confident that the seller is the only owner and that the only encumbrance is a mortgage. I als...

I have a real estate agent helping me find duplex properties in my area. She is a friend and also an investor. She has provided me with several listings to consider and shared her knowledge of the market. I foun...

does the approved tenant (for one of the 2 units in a legal duplex) have legal grounds to be demanding the owner's (landlord's) taxpayer id? tenant explanation is that intends to file a 1099 for each year she is owner...

Hi All- I have a tenant who habitually pays late. In fact, she has started to pay in arrears. To give some background, she has been renting for over three years now. She was not the most qualified tenant at the time b...