Leo Poon
New BRRR strategy reinvented?
Hi BP,
I am thinking if a husband‘s LLC purchase a property all cash for 100k. Instead of waiting 6 months to refinance for 80% of ARV to pull the cash out. Can the wife purchase the LLC’s property at 130k given she ...
James Gibbons
Short Term Rentals in the Poconos
Hi everyone. I’ve been/am very interested in purchasing a home as a short term rental in the Poconos. AirDNA and Mashvisor show very promising Gross Annual Revenue and Occupancy rates. The below thread however, shi...
Joseph Hernandez
Which Party has Authorization to delay a pre-foreclosure auction date?
I'm getting conflicting answers. Who do I contact to get an auction date extension, the trustee or the lender? Thank You.
John H.
Closing pushed off, buyer wants to rent until closing
I'm selling my home (owner occupied investment property) and my buyer just found out they can't close on time as planned. They asked for 2 additional weeks before the closing. I proposed we go 4 weeks instead as the...
Jake Recz
NOT renewing a yearly lease in NJ
I have a tenant on a yearly lease in NJ. That's his first year there. The lease is up in December. I do not want to renew it and he is aware. He actuslly likes the idea as hes tryiing to buy a house. We spoke about it...
Brooks F.
How to get loans under 500k for commercial properties?
I own some commercial properties. I can't find any lenders who will lend under 500k, so I always have to package properties together to get them over 500k to get a loan.Now that rates are going up, I don't want to do ...
Maria Murphy
Buying NPLs - recos & resources?
Hi,I am considering buying NPLs in Spain. I have no experience in the field and understand fully it's not a simple endeavor. That being said, I was wondering if anyone had experience with it they could share or resour...
Nathan Click
What is a CMBS loan and why do you care?
A CMBS loan or Commercial Mortgage-Backed Security loan, also called a Conduit Loan, is a unique method of securing financing for stabilized revenue-generating investment properties. These loans are not as familiar t...
Scott Eakes
Turning a primary residence into a rental
Is it possible to buy a house with a low down payment conventional mortgage, live in it for a few years then buy another home(primary residence) and keep the original as a rental?I understand a investment property mor...
Angel Moreno
What is a better option using FHA
I live in Waukegan, IL and decent homes can go from 50k-70k. I'm 21 and have 8k in the bank and I have enough for the 3.5% DP and all other cost to purchase a home around that price range. However, If I save a little ...