Takeshi Yashima
Conventional loan question
Hi,
I went to Chase Bank today and I asked about pre-approval letter for my potential investment property (I will focus on SFR for my first investment). The loan officer told me that property has to be "habitable" (...
Michael Quarles
Season of Giving
Who did some charity work this year and what did ya do?
It seems that this time of year is all about receiving and giving to those we know and love however did anyone think about someone they dont know.
I thought i...
Leo B.
Can you 1031 into an FHA-financed property?
I'm liquidating a rental property and am considering 1031 exchanging a portion of the proceeds into either a SFH that I plan to live in one room and rent the other rooms, or a 2-4 unit property where I would live in 1...
Ben Volkman
Investment options in Houston
I need some BP knowledge bombs dropped on me here!If I have 50k to invest in multifamily, then the options are: 1) 25-30% down on a commercial loan so I'm pretty much maxed out at 150-200k as a total price for anythin...
Luis Rosello
Self directed IRA and LLCs
Hi, I want to buy my first investment property, and I'm trying to learn all I can about how to use my own money. I'm looking into setting up a self directed IRA, that I can manage through my LLC, but it's proving very...
Claudia Fernandez
Sample letter?
Where can I find a sample letter to get tenant out of a property I am selling? The tenant is on a month to month lease and the buyer wants his apartment. Closing is the first week in May so we need to move fast.
Susan Clark
Why are people’s thoughts on security cameras on exteriors.
I have two separate tenants who are abusing the dog policy of my units. One is housing a puppy (pit bull) without proper approval and every time I try and force the issue they claim the dog isn’t there and was just vi...
DAmien Fried
Assuming a mortgage
I am a field service rep and I spend all day talking to people that are behind on there mortgages or inspecting vacant houses. My question is if I have someone that is months behind on there mortgage payment and has a...
Joe S.
Question on refinancing a property after rehab.
So on the BRRRR method the investor is supposed Rehab the property and then rent the property and then refinance the property. After the rehab the house is going to look the best it will probably look until it is reha...
Justin Melton
Corporate Guests STR
We recently got 2 weeks of bookings for executives from a staffing company in our area. It’s nice to have a couple weeks booked per month. In my small city (70,000 or so) we have a university with about 20,000 stude...