Justin Farr
Multifamily investing Columbia
Good morning all! Recently discovered that I will be transferring to South Carolina. Was hoping to get my feet wet and start on some relationships with PMs, and agents right now. Trying to find a triplex or quadplex. ...
Jeffrey Wells
Closing costs?
What is a good rule of thumb for figuring a percentage for closing cost in Florida?
Lesley Resnick
FHA assumption
Has anyone done an FHA assumption? What are the costs and underwriting. I have an opportunity for a sfh, that is 2 years into an FHA. The rate is better than market, but will they approve the transfer with our a fu...
Robert Niessen
Duplex Due Diligence
I put in an offer on my first property last night. It's a duplex in Quakertown, Pa (suburb of Philadelphia). Besides an inspection, estoppel letter for the one current tenant and asking for copy of the lease. What o...
Ruth Pistell
Forming an LLC
I have two properties, one with a conventional mortgage and one I own free and clear. I am forming an LLC and want to give the properties to the LLC. Has anyone done this and if so, did your lender call in the note ...
Jeb Brilliant
Best bank for out of state investor?
Hi All, I'm going legit and need to open a business bank account. I don't want to pay for the privilege to allow the bank to make interest off my money. Can anyone suggest a national bank with free checking accounts a...
Michael Gayer Jr
Due on Sale - Triggered by Contract for Deed or Lease Purchase?
Newbie Question ...Can a borrower (with a Mortgage) sell his house on a Contract for Deed without triggering Due on Sale Clause?Can a borrower (with a Mortgage) sell his house on a Lease Purchase without triggering Du...
NA NA
Bank acct and features
Have some qns about us banks 1) Do any us bank or unions usually accept foreign address for opening of bank account? Heard some of them open account with fargo and they accept foreign address but not any more2) Which ...
Derrick H.
Land
Hello BPI am new to the wholesale and flipping game. I am about to get my real estate license (will be an investor friendly realtor in a week) but it was more or less to learn everything I can to be an affective inves...
Jai Deva
Newbie questions
Hi everyone, I am close to investing in my first duplex buy and hold property and have a few questions for experienced investors:
1. the duplex is currently owned by turnkey supplier.Based on BP rental calc, the num...