Okay first the good news. PenFed is really amazing when it comes to HELOCs for a Rental Property. 80% LTV. Very fast response. I applied Friday and heard Monday I was approved, "when do you want the appraisal?". Appra...
I have a property in Cincinnati OH that I owned in my name and got a residential loan for in my name. I've owned the property in my name for about a year and I just did a quit claim to transfer the property to my LLC ...
Hello BP,I have been wanting to ask this questions for about a year now, and have finally built up the guts to get some help on this topic. Hoping the BP communicate can provide the insight and guidance I have been ye...
I am just starting to accept applications from people with pets in my two 4-plexes. I am changing from my no-pet policy because of long vacancies, and I get many requests from would-be tenants with pets. I see lots of...
I've heard in other forums from single family investors in Houston get flood insurance regardless of whether the property is within or outside the 500 year flood plane. I received a quote today for flood insurance on ...
We just closed the deal on a 41 unit apartment complex. We got a great deal, but it's rough, really rough.
Can someone help us with advice on how to get this thing running right?
We have 32/41 rented with an avera...
Good Morning BP community!
My mother, who lives in Powder Springs, Georgia in the Atlanta area is in need of a bit of help. She has a part time job and has struggled to get anything full time. She isn't in the best p...
I have given a tenant 30 days notice on their month-to-month lease. The tenant has told me they 100% refuse to leave within 30 days.Can I start the eviction process now even though they are not in default of the 30 da...
I'm a new member, and this is my first post.We bought and are rehabbing a small house down the street. We will be renting to our daughter as soon as it is complete. I know from experience that working with family ca...
I'm Interested buying several lots ranging from 1-4 acres for a total of 12.97 acres. Many of the lots have things that would need to be removed like septic tanks, oil tanks, trailers, house etc. None of which I rea...