I became successful by OWNER FINANCING prpoerties. I hated being a landlord. I morphed into owner fianacing...same cash income with way less liabilities (expenses).
-I buy a house using OPM
-I don't fix it
-I owner ...
I have a house under contract, renter ready to move in and my lender is getting squirrelly on me and asking me to make changes to my tax return that I’m not super comfortable with and they are charging $6k in originat...
Quick issue.
I have a seller that's basically wanting to back out of our Purchase and Sale agreement. Here's the deal.
Home under contract for 25k. I have a great offer and I was preparing to pull the trigger an...
Is the landlord responsible for checking if the tenant is a legal resident ? Say if I am renting to someone who is a student from overseas or who is here on a work visa, is it the landlord's responsibility to check ...
I am looking to purchase a note that was originated in Ohio. I will be holding this note in my 401k as an investment. Does anyone know if I need a “lending license” for such a transaction in Ohio? I do not plan on br...
Very new to wholesaling, and REI, looking for direction. I understand that I need a purchase contract to hold the property while doing due diligence and finding an end buyer. Then an assignment contract to assign the ...
I recently bought a REO property about 2 months ago and yesterday I received a tax bill from the tax collector regarding the annual property taxes. On the bill it says , the former mortgage company has requested a cop...
Do You Require Your Tenants to Purchase Renters Insurance to Lease Your Property?
Hello BP'ers !I currently have 2 properties 6 units on total. One in my name, the other in my wife's. The original goal has been to buy 4 properties using our FHA/Conventional 5% down. Should I care about over-leverag...
I saw a video with Brandon Turner where he said that the majority of his Multifamily purchases were foreclosures. As a newbie, are foreclosures common with Multifamily properties?