Sarah Reynolds
Next Door Neighbor's Pit Bull Is Digging Underneath the Fence
Hi everybody,My brand new tenants just informed me that the next door neighbor's pit bull has been digging underneath the fence and setting up shop in their backyard. I plan on discussing it with the neighbor, but I ...
Jim Stevenson
Best PA Rental Markets
I'm moving back to my hometown of Doylestown (Philly suburb about 30 miles north) around this time next year. I'm looking for my first investment property and am concentrating on multi-families with 4+ units. I'd be ...
Chris Seveney
Some Due Diligence Basics on Note Investing
Recently, been seeing more and more online posts of performing mortgage notes on the secondary market as one-offs with a rise in individual investors presenting "anticipated returns". The numbers invited a closer insp...
Jordan Jaramillo
Due on sale clause &
How do I transfer my triplex into an LLC without triggering due on sale clause?
Trent Zimmer
Sub To or Wrap Opportunity w/ an existing FHA mortgage?
Hi All! I have a potential opportunity that I'd like to run past the brilliant minds of BP....I'm a sub to/wrap virgin, so be gentle.Seller is a friend and purchased this townhome direct from landlord in May of 2022 ...
Bryce Y.
Sub2/Wrap - If the underlying note gets called...
As I understand it you, the investor, have 2 options: 1) have the end buyer refinance, or 2) pay off the underlying note in full.For scenario 1, how much time does a bank give to pay off the note? It will take typic...
Vincent C.
HUD / Section 8 lease - termination for new ownership?
I am working with a wholesaler on a property that is under market value in Allegheny county, Pennsylvania. The house is currently rented out to a section 8 tenant, with an HUD contract. The lease expired in February o...
Cory Cox
203k vs Hard Money vs Construction Loan
I got under contract on a duplex here in Conway, Arkansas this morning at a real good price of 85k from the MLS (if that matters). It is a 2/1 on each side and is close to a big college here in town. I have my inspe...
Sarah Buchanan
Agent misrepresented listing by 250sf
I was set to close on a house today (currently in it's redemption period of foreclosure) but the appraisal last week discovered that the square footage had been listed as more than 250sf over actual, taking the price ...
Josh Stack
Adding Contingencies to Contracts Post DD Period
Hi Everyone,I recently went under contract for a package of three houses with a 21 day due diligence window and a closing period of about 60 days after contract signing. This is a transaction in North Carolina and we...