Adryan Lado
Regarding *unpermitted units on a triplex purchase
Hey guys! In a situation and wanted to throw it out there just in case anyone has some input for me!
In July, I purchased my first investment property. Listed on the MLS as a triplex.
2,000 sq ft
Main house: 2/1
C...
Joseph A.
Confused Buyer(Seller Doesn't Want to Sell)
I had a property under contract and initially the sellers only wanted to give me two weeks to close but we immediately requested more time for appraisal and title search and they gave us an additional week. The earlie...
Payton Pearson
Third Duplex - Cash Cow Investment!
Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $156,000
Cash invested: $39,000
This is a duplex on Smithville Road. I rent out one side for $800/month, and Airbnb ...
Lowry Coe
PMI for the entirety of my loan
Hello,I bought my first home about four years ago in my early twenties. At the time I was even greener than I am now and I’m still pretty darn green. I didn’t put 20% down and was forced to put PMI on my loan. I under...
Hanbin Y.
Refi and get negative cashflow or 1031?
Hello,I've been struggling to decide whether I need to sell my property and 1031 to a larger portfolio, or refi it. Please help me!The property is a B-class SFH in Lawrenceville, GA, 30044. Purchased with cash for 13...
Account Closed
This is my current situation, can I get a HELOC?
I currently own and rent out a SFH to great tenants in New Orleans worth approximately 270K. I rent a small apartment in New Orleans b/c financially it makes more sense. I owe 118K on first mortgage and 18K on second ...
Kent Johnson
Question about foreclosing on a purchased mortgage
An older gentleman I know owns a mortgage and wants to sell it. The occupant has become a problem and is way behind on payments. If he sells the mortgage will the buyer be able to foreclose immediately? The gentlem...
Ryan Saldanha
Contractor has left me in the DARK!
I gave large deposits to a GC on 2 flips in FL. One project is small 3 bedroom house is only 50% done after 3 months. 2nd flip I gave deposit 10 weeks ago and I checked with the permitting office and their drawings/...
Baraa Yassin
Do I need a Deed or POA
Hi BP, I found a property thats supposed to be foreclosed on next month due to behind taxes...I reached out to the owners basically the owner is deceased and didnt leave a will no wife or kids...only a brother and a s...
Damien C.
Investing in condos
I've heard a few people here mention their preferences for SFH's over condos as investments. And I believe some folks have justified this preference as a matter of control over their property--i.e., while the condo-ow...