I did a private lending , borrower bought house under the name of LLC, first lien recorded. value of house is at least to cover the loan(as of now). I have personal guarantee, Mortgage note, promissory note.Now borrow...
Hello fellow BPers, We are ready to market our second investment property and wanted to make sure we updated our application form. I've made some changes but wondered if there was anything else I should ask in an appl...
[moderators: sorry I posted this by mistake on the Commercial Real Estate forum and then reposted here. Could you please delete the one on the Commercial forum]
So far, I have been having the tenants pay the holding ...
Hello BiggerPockets fam, I am wondering how to approach this issue with my tenant. Earlier this month, my tenant uncovered water damage along the baseboards and lower walls of the master bedroom. Immediately, we conta...
I am a newish member to BP. I have a little problem and was hoping someone can point me in the right direction. I am in the process of buying my first flip. I won an auction, had a closing date set for this week an...
Hi All,I have a potential deal in Memphis, TN for a long-term buy and hold duplex (3 bed, 2 bath each side) that I'm a bit torn on (running into some paralysis analysis) and would love your thoughts! I tried to includ...
Hello all!I’m brand new into investing and i am trying to get started but don’t know what direction i should take from here. First off i am in the military and come August I’ll be going overseas for a year. At this po...
Hello everybody! I didn't really see a more applicable forum, so am posting this here. If I missed a better one mods feel free to move it or let me know.
Short Version (Because I can get wordy!):
Any suggestions o...
Hi,Does anyone have any good property management referrals? I am ideally looking for a medium sized company that is experienced in multi-family (30+ units), reasonably priced and knows the Cicero area well.Thanks in ...
Hello Folks,
I was talking to an “investor friendly” title company who informed me that HUD, Fannie & Freddy do not allow their foreclosed properties to be wholesaled; specifically mentioned was the use o...