Clinton Davis
To Sell or Not to Sell. That is the question.
I'm trying to determine if it would be better to sell and collect this equity on one of my properties or keep it and continue reaping the nice cash flow it produces. Here's the situation.Home has a mortgage of 27 yea...
Neerav Patel
LLC with commercial mortgage VS personal regular mortgage
I just bought REO property as my own residence and renovated it inside out(which is almost done).Now I am planning on my next investment but I have trouble deciding path for finance.On one end I can get an HELOC on my...
Julia Fergo
help, seller received a letter of forclosure
Need an advise!!!!Buying a house in LA (ESCROW does the title here, we don't use lawyers in LA ). Escrow close on 10.15, all the docs are signed and the financing approved....Oppps...The real estate agent calls me tod...
Dawn Curry
Buyers backed out of deal
So we just recently put our flip up for sale.. within 18 hours, we received a full price offer with them asking to immediately take the House off the market. Obviously our realtor said we’re going to wait until all th...
James P.
CT Grace Period Questions
Good morning everyone,I am a new landlord and determined to be a fair but firm one. I have an tenant that is currently in the grace period as CT allows for 9 days before a late fee can be charged (5% on the 10th). The...
Adam Stroik
equity partnerships structure
Hey All,Im trying to get into a 4plex in the San Diego area. I don't have a lot of cash on hand so may be exploring equity partnerships as a way to come up with the down payment. How are you all structuring your equ...
Sean Golin
When does it make sense to pre-pay mortgage?
I currently own an investment property and have been considering pre-paying the mortgage down to increase equity but not sure if this is the right approach. My mind tends to focus on the increased monthly cash flow f...
Matthew Samson
Should I engage a CPA now or wait until we've built up a basic portfolio?
Hi all. My wife and I are still in the 'learning phase' as real estate investors, but we know for sure that in the next year (a) we will be converting our primary residence in to a rental, and (b) buying another house...
Jacob O'Malley
Where would you choose to live?
Hello BP! I'm in a somewhat fun situation and I would like your input. I'm graduating college this year and got my first "real" job a couple months ago. I've lived in Wisconsin my whole life and I'm looking to chang...
Olga Levin
Lent money on second lien to a rehabber who stopped communicating
Hello BP community, Really need some help and ideas on dealing with this situation. I know I probably shouldn't have done this deal, but I have lent on 2nd liens successfully before. This one however, gone pretty bad...