When buying privately originated mortgage notes (owner financed) what documentation should I be looking for to ensure the loan complies with new lending guidelines?
Interested in hearing feedback from seasone...
Hi Guys,Currently working on a deal in Houston and looking at different financing options. I need someone to help me understand the rules and regulations around the refinancing process (into long term, conventional, f...
Hey all,
I'm new to investing,. I currently already have a primary home, SFH, in which I rent by the room. I was wondering if I acquired another SFH via traditional investment loan, and either rented whole house/by ...
I have a 3 bedroom rental that has max occupancy of 6 people. I am renting it starting Dec 1 for $850 to a husband/wife. They came looking at it with her mother and we think they are going to eventually ask to move...
Here’s why many investors switch to commercial multifamily 👇Let's say your rental property makes $200/month in cashflow.
Which is $2,400 annually.
This will WIPE OUT your cash flow:
❌ HVAC repairs
❌ Turnover co...
I am a brand new investor. I have not purchased anything yet, but I have discovered a few opportunities. My minimum criteria is $100 per month cash flow, and a cash on cash return of 10% annually. I have plugged in ...
I've done a lot of cut and pasting Edward Scissorhands-style of many posts on BP that address seller financing, but there are several differing opinions on the topic of whether or not it is necessary to use a mortgage...
The outcome of the lawsuit alleging discrimination may have wide reaching effect on landlords and property managers. If the courts rule in favor of the plaintiff's in this case, then landlords rights would be infringe...
For those of you who are unfamiliar, a man was able to trade his up from a red paperclip to buy an entire house in just under a year...
You can read the story and see the various trades he made here: http://en.wikipe...
There is some confusion around what the new eviction moratorium does and doesn't cover. First of all, the CDC eviction moratorium prevents eviction due to lack of payment until December 31, 2020. CDC derived authority...