George Moehlenhoff
Contract Accepted, now what?
I have 10 days for inspection.... I've got my inspection scheduled, getting a lockbox, copying keys....
What all do you do between acceptance and closing?
Jason Leggett
Subject to / seller financing hybrid
How do I structure a deal if I want to do seller financing but the seller has a mortgage. I've seen 1 post talking about subject to and seller financing hybrid but it doesn't explain or break it down. Ex. Seller st...
Matthew O'Dell
Loan To Cost vs Loan To Value & PMI
I am in the process of purchasing my first investment property. While talking to my lender I am trying to understand the difference of the LTC vs. LTV in regards to my down-payment and PMI.
I am told that my down-pa...
Jason V.
Typical Closing Costs/Upfront Costs for Commercial Lending
Good Morning BP Community!I know, I know: It depends. BUT, for the sake of gaining some really general knowledge: On a "standard" $500,000 deal, what would be a best guess for closing costs and/or upfront costs? (FYI:...
Kenneth LaVoie
Check lists!
Hi
Does anyone know of a good "due dilligence" check list for buying single family up to four unit? I know I can probably piece my own together by using a "Rich Dad" type and paring it down, but maybe one of you alrea...
Daniel Lopez
Converting Primary Residence into Rental Property
Can anyone share their experience on converting a single family primary residence into a rental property? I’m going to be moving out of state and want to keep my property but I’m unsure on all the changes that need to...
Jeff Hursey
Asset Protection and Privacy in Southern Illinois
I am curious how investors in Southern Illinois approach asset protection and privacy protection, specifically for a partnership. I've hear that most buy and hold investors use an LLC, however the cost of an LLC is mu...
Matthew Ficorilli
Lease option deal
Hello BP world!
I have a potential deal in my lap and I needed my feedback. I want to lease option this property and this would be the first time I would doing so.
I found a duplex on the market for $11...
Nathaniel Molnar
First deal; seller lying about issues/postponing closing
Please help! My wife and I are buying out first investment property. Seller accepted our offer 3 weeks ago but only let us in for a 2 hour windows during our 10 Day inspection period. After inspections he informed our...
Sam Stolt
permit or not to permit?
what are some of the risks to not getting work permitted for:
1: someone who's going to hold onto a property for 10+ years as a rental
2: someone who wants to refinance/heloc to take equity out from pay down
3: pot...