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I'm looking for any BP members who have recently used or are currently using a substitute of collateral clause. Specifically, are you using it as an addendum, or is it incorporated in the purchase agreement?
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Hello! We are looking to buy a portfolio of single family homes in Detroit that will be rented to section 8 tenants. Does anyone have experience with a property manager that can help with both screening the tenants we...
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Investment Info:
Condo buy & hold investment.
Purchase price: $650,000
Cash invested: $130,000
Vacation property. STR. New construction. Considered a condo the way insurance and HOA is structu...
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Just purchased a multi-unit in PA. The units are occupied. Do I have to honor the previous owner's leases/ rental agreements?
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Hello,
Can Canadians with a LP setup obtain US mortgages/refinance? If so, any recommendations?
Thank you
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I'm trying to figure out the IRS 1099C from a lenders point of view. If and when it should be sent, or if it should be sent at all. How would the total be figured out. Difference between taking the property back as RE...
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I'm usually finding deals that are owned free and clear, but today I came across a property that has been on the MLS 1028 days, my first thought is the seller should defiantly be motivated now! And in fact, he is.. T...
Property I bought at FC auction in NC has a tenant who leased it through a property management company. As per NC laws, tenants in a FC situation has certain rights and they may stay in the property at least 1 year af...
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I talked to a few lenders that said they will only do fixed rate mortgages on investment properties. Is this pretty much true across the board, or are you able to find lenders that will do adjustables?
Thanks,
Asher