Hi BP, Like everybody I'm searching for off market deals. This is in my town of Wilmington, NC and any investment grade houses below $150k sell very fast, usually for what seems like too much.I found out about this ...
I have a tenant who has been living in one of our SFR properties since 1/2013. She used to be a section 8 tenant, but lost section 8 status at the end of last year because her son is over 18 years old. Also at the en...
I recently heard about VantageScoring and did some research. Thought I'd share what I found here with all of you.
What's Your VantageScore?
Since the 1970’s credit bureaus have used FICO scoring as the main model...
Hey BP, I need help with the Arizona transaction privilege tax license. do you guys know or do you know someone that would know how to help with this?I have a question about the Arizona transaction privilege taxDo you...
Hello all, thank you for reading, I need advice on how to deal with this situation.I have a single-family house rented per room to different tenants. One of the tenants is way behind his rent and has registered for a ...
If a first lien is in default and rather than be foreclosed on, all parties agree to a DIL, is the second lien extinguished as if it had gone through a full foreclosure or does it still exist? If it still exists, I a...
I’d love to get some advice on the best way to structure a private loan. The lender is a relative so she’s very flexible and is open to hearing my suggestions, however, I want to make sure I’m approaching her with a f...
Hey everyone,New tenant moved in 5 months ago. Upon move in, she obtained rental assistance and the agency paid her rent of 5 months and one months security to me about 1.5 months after she moved in. Effective 1/15 sh...
There is a rotting maple tree on my property that could be a risk to the neighbor's house or livelihood, not to mention the risk to my tenant and my property. Well, the tenant says he is VERY experienced to cut it do...
$ 289,788 Mortgage Balance$ -31,627 Est. EquityComps:$180K$216K$270K$176K$145K = 987K divided by 5 = 197.4 (ARV).65% x ARV = 128.31128.31 - Repairs (25K) = 103.31103.31 - Profit (10K) = 93.31 (Offer for seller)I’m new...