Jessica Hood
Suggestions for funding in my situation?
I am currently living in a home I purchased at auction July 2015 as a foreclosure. We have renovated nearly the whole thing with a 203k, plus our own sweat and tears, and are wrapping up now. I am projected to have ...
Tim Melin
Thoughts on DSCR Loans
Any experience with DSCR funding. Looking for the pro/cons for a new investor
Trevor Fritz
Tax problems with newly bought property
I bought a condo unit back in March. I got a good price on the unit and have been very happy with the profit I am making on it. Recently I received the tax bill for 2014. When I bought the property, the taxes were sho...
Nancy Molinari
Looking for a BP pro to weigh in on my responsibility to the tenants in CT, while the prop. is in a short sale
Hello all,
I really need your expertise on this question. I own a duplex and live in 1/2, renting the other side out. I will be moving to Boston for a new job and at 57 years old, crunching the numbers does...
Deric Allen
First time buyer for multifamily
Hello BP community. what are the different loan options for a first time home buyer looking to start a portfolio and jump into multifamily real estate. Doing owner occupied for the first one. And maybe some pros and ...
Tony Thompson
Dave Ramsey's Real Estate Story?
I understand that Dave Ramsey offers "average" advice to people that don't know how to use a credit card.
But, Dave Ramsey apparently used to be a real estate investor. I did a quick google search and found that he ...
Shari Posey
Help me choose among these tenants--all bad
Wow, the economy must really suck because for the first time ever, every applicant has major problems. We have 3 applicants all with different problems. Our rent is $1095 and tenant pays all utilities of about $130/mo...
Mindy Pearmon
Purchasing 1st property using Homepath
I don't have the cash for my 1st property I'd like to purchase as a holding. The house is next door and I have been in it. The only thing that NEEDS to be done is a new kitchen. Homepath is requesting a 20% down pa...
Account Closed
Lakeland, Florida - non paying tenant, how to collect money owed?
So I have a tenant in a house my LLC owns in Lakeland Florida that isn't paying. He didn't pay December and was pulling my PM by the nose that he'll just be little late which became "I can't afford this place anymore ...
Account Closed
Potential tenant
I have a potential tenant with a score just under 600. This is much lower than I usually find acceptable. The reason given for that score is that this person owns a rental property with someone else and the property i...