Ryan Barr
General Business Structure
I am looking to register a business, owned wholly by me, with the goal of finding commercial real estate to later purchase. For those that have done this, what business structure did you chose and did you need the hel...
Allan R.
Tenant never moved in a rental located in Texas.
Rented out a property and tenant never moved in or paid first months rent. Do I have to spend the money and go through the eviction process? Lease was scheduled to begin 30 days after signing. It's been 60 days and t...
Thomas Moran
First Hard Money Deal - Am I a sucker?
Hey BP-
Closing on my first deal soon. After talking to 5-6 different lenders, this is the one that was pitched to me the most favorably. Now I’m finding a bunch of hidden fees that add almost 10k to the loan. Am I j...
Jordan Rocca
Long Term Financing for Multi-Family units in Minneapolis Area
Hi all,
I'm wondering if anyone knows of any lenders that do longer amortization (20-25 year) loans for multi family properties. LTV would be 75%, purchase price in the $1MM - $3MM range and assume strong cash flows....
Juan Carlos Cabrera
Release letter to request bank payoff
I’m working to buy a house from a distressed homeowner, help her avoid foreclosure. This will require me to deal directly with mortgage lender. Is there a release form I can use so homeowner authorizes me to talk to t...
Stephanie P.
Does anyone take a "Me" day?
It's Friday.It's 62 degrees and mostly sunny with a light breeze from the northwest.I live in one of the most beautiful areas of the country; southern Maryland between the Potomac River, the Wicomico River west of the...
Aidan Mulligan
Solutions to inaccurate DTI
In need of some help everyone, Here's the situation I have. I'm trying to get conventional financing for a SFR. The loan officer says everything checks out and is ready to write me the approval except my DTI is artifi...
Matt Hudson
Existing Tenant Question
Hello BP'ers!I'm writing an offer on a SFH that has an existing month to month tenant. Because the rent is well below market and I'll need to reno interior I plan on making the offer contingent on vacancy. The seller ...
Jack Smith
Insurance: What do you like about yours?
Good afternoon BP folks,I am hoping to generate some discussion around property insurance. What are the top things you look for when it comes to your insurance (ie: price alone, high liability limits, trust with agent...
Alma Gomez
Finding the right buyers agent
I just worked with a bum agent sale fell thru. How does one find the right agent? Also finding the right team all around?