Julio Velazquez
How much equity does one ask for?
Hello BP,What percentage of equity is ok to ask for when presenting a deal to an investor? If I want to partner with an investor and not just get a finders fee for the deal.. is 5, 10 or even 20% equity what someone u...
Don Fox
My contractor wont provide an estimate for work
Recently I hired a company to do all the repair work on my home after a flood. It was a large job and for the most part the company has been easy to work with and everything has gone smooth between myself, the company...
Christopher Baker
To Buy or Not To Buy- Serious FOMO
I am a new investor, at the beginning of this year I took a considerable amount of $$ out of the Stock Market (lucky timing), and started working on building my Real Estate portfolio. Fast forward a couple of months,...
Alon Kostetsky
Buyer's Agreement Fees
Hi all - I hope you're doing well!I'm about to start looking for an investment property. The real estate agent is asking for $495 as part of the Buyer's Agreement and the amount is due at settlement. Are those standar...
Robert Washington
VA loan Refinance Question
I currently have two properties, one i rent out and the other I live in (I plan on renting it out). I plan on moving to Reno NV next year and my family and I plan on buying another house using the VA loan.
My questi...
Solomon Stavis
My first rental during Covid and worried renter wont pay rent
Hello BP community! I'm looking to buy my first investment rental and I came across what I think is a great deal in Jacksonville, Florida. The concern is buying a house during COVID where there is a chance the renter ...
Anna Cooper
DTI Mess: How do I get financing/start investing? (Student Loans)
Hi! Newbie here. I've been reading about real estate investing and want to jump in, but I'm afraid my husband and I won't qualify for financing. Hoping you all can help me work out what's realistic. I've got ~$250k in...
David Hernandez
Too "much" equity, unable to refinance
Hello,I started renting my house last year (as I moved back with my family) and I'm ready to purchase a second house. I saw a good deal, but the price is just a little bit too high for me to qualify (debt-to-income ra...
Beau Ordemann
Holding Security Deposits in Baltimore MD
Hi BP!
We are doing our first rental in Baltimore City where we will be managing directly. We've received the security deposit from our tenant and are trying to determine where to put it.
I've read on maryland...
Debbie LaRue
Buying a vacant lot in Tacoma
Hello! What is the best approach to buying a vacant lot in Tacoma and building a home on it? I can immediately put a for sale sign on it (I’m a RE agent) or live in it myself. Is it better to go through a bank or a ha...