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BP,I have a guy that has a great property in an affluent Austin area however he is over a year behind and nearing the fatal court house sale. He is working on a loan remodification with his bank so that he can get a ...
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If the borrower is directing the funds to an LLC or self directed IRA would there be any potential problems down the line, for example if there was more than one person in the LLC?
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Started REI in August of '23. Purchased a test pilot home for shared housing. It was successful so I bought 2 more. I am pleased with the results so far. Using Padsplit along with FB Marketplace and Turbo Tenant fo...
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Do you ever purchase a property subject to if the property has negative cash flow?Here's the scenario. Purchase price $650K, subject to existing $600K of financing at 3.625%, $25K down, $25K owner carry with principal...
I am trying to calculate my Debt Coverage Ratio. I have my taxes/insurance figured into my Net Operating Income, so I should exclude taxes/insurance from my Debt Service costs, correct?
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Hi,Do you have a handyman you can recommend in Charlotte area? the one I've been using just moved out of state.Thank youBen
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Hello BP community! What are some websites/services that allow you to plug in specific characteristics of desired properties (for example, "I want to see a list of all properties in ______ area that are only 3 bed, 2 ...
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Hey all, so I'm renting out my apartment by rooms, so I would be receiving multiple rental checks each month. Does anybody know of a service that can do auto payment when rented out by rooms? I'm using apartments.co...
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Hey everyone,Here in Texas, we have services like Propelio that provide daily updates to the foreclosure list. These lists have property info, owner info, and auction date. I was wondering if there are similar provi...
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Has anyone used this service as a tenant screening tool? I'm curious on people's experiences if any with this service.