I have a existing tenant who wants to add a roommate. How do I go about. I assume I will have to qualify the roommate on the same terms as the tenant. Should the roommate also qualify individually for the 3+ income re...
Hello,I need some advice from an experienced flipper for a newbie.I am looking at starting a real estate partnership with my brother in law. He has a small rental/lease operation going currently, and is looking to gro...
After over a month of waiting for appraisals, environmental assessments, inspections by city, etc we are two days from closing on a 6-unit building about an hour and a half outside Philadelphia. While reviewing the H...
We closed our first flip, should have the title by Tuesday and I want to begin rehabbing the property immediately. I want to pull the permits as soon as i get the title, but unsure of all the permits i need for a full...
Hi friends,I'm closing on a property soon where I'm inheriting a tenant who's been living there for over a year. There's no written agreement or lease; the tenant is paying about half of market rent currently (I thin...
Hi everyone, I'm in a situation I'm not sure how to handle. If anyone has any insight, any advice would be appreciated. My renter suddenly needed to move out because of family reasons with 1 week notice and very earl...
Here are some things I do when putting together a short sale that I believe improve my chances of the lender saying "Yes"
1. I write the hardship letter with the seller. I want it to be as personal as possible in a...
I HAVE A HOMEOWNER WHO IS ATTEMPTING TO GET QUALIFIED FOR A NEW MORTGAGE. WE BOUGHT THEIR PROPERTY SUBJECT TO THE EXISTING LOAN 18 MONTHS AGO.
WHAT DOCUMENTATION CAN I PROVIDE TO THE RESPONSIBLE HOMEOWNER IN ORDER...
I'm a newbie and I've found an investor friendly agent to work with. She wants to be reassured that I won't close a deal on leads she will send my way. What can I do to give her piece of mind and build the relationshi...
hi BPI need your collective experience.I have a potential client asking if she can buy a house holding a student visa? and can she obtain financing 20% down?she claims her friends in other states can... so asking my a...