David Hawkinson
2 Bed, 1.5 Bath Condo
Investment Info:
Other buy & hold investment in Bloomington.
Purchase price: $80,000
Cash invested: $16,000
2 Bed, 1.5 Bath Condo
What made you interested in investing in this type of de...
Bryan Scibilia
Other inspections before purchasing?
Hi, Been lingering, but time for my first post.I went under contract today for a two (maybe three) family I’m planning to BRRRR, it’s older than anything I’m accustomed to and wondering if anyone has suggestions on ad...
Fahima Hilal
Buying a property with tenants
When you buy a property with tenants with leases , does the old lease still hold good? Can you renegotiate the terms or give a new lease? Thoughts appreciated!
KJ Tottle
Potentially My First Investment Property But...
So, the seller and I have negotiated price for a duplex and right when we were about to sign a contract, he asked for $1K earnest money. The property is being sold as-is but hasn’t had a termite inspection nor protect...
Tom Kaider
Buying and Leasing a Freddie Mac Homestep (first look) purchase?
My friend asked if she could buy a condo under the Freddie Mac Homestep program, with cash, but then immediately install tenants. My mind tells me that when she tries to apply for parking stickers, the HOA Board of D...
Pascal Caloc
Deal Syndication with Master Lease
Dear All,I hope you are well. I'm working on a model allowing to use Syndication for Master Lease agreement with option to purchase. I want to use the Syndication to finance both the fees of the MLO and new rehab or c...
Milad Keshavarz
Cash Out Refi in Chicago
Hello BP Community,I'm looking for recommendations for a cash out refi in Chicago with seasoning period of less than a year. Prefer to do 75% of ARV since the property has been fully renovated. Thank you.
Jessica Sadusky
Dual New Jersey / PA license
Hey BP,
Are there any dual PA /NJ agents who took the 30 question real estate law test for PA? I am using the book Modern Real Estate Practices in Pennsylvania 13th edition , and just studying the license law chapte...
Chandra Krishnan
Wait time before cash out refi
Dear BP members,
I bought a SFR property in June 2017 with 20% down, renovated it and rented it last month. I believe the value is 60k more than I bought it for. Do I need to wait a certain amount of time to pull out...
Muks M.
REO with previous owner in jail ?
Looking at a REO property which is in a good neighborhood and could potentially be a good investment for buy and hold strategy, however, I heard that the previous owner was arrested and bank foreclosed the property co...