Mitchell Fuselier
Commercial Loan Options - What would you do?
Long time reader, second-time poster (I think)I’m under contract on a small multifamily (6 units) and am comparing loan options. For background, this is a stable, performing property with a plan to buy and hold for as...
Matthew Paul
Make sure you have the Tenants Social security number
With all this talk of not paying rent and no evictions the landlord does still have a card to play . A debt forgiven is considered taxable income to the tenant . ( as far as writing it off for the landlord others may ...
Mike M.
Rental Applicants - Capture SS# when using SmartMove?
I'm going to use SmartMove for my credit and criminal background checks. I'm finishing up my paper application now and wanted to know if it made sense to record the applicant's SS number on the application? Obviousl...
Kent Verge
New with some single family experience in NW Arkansas
Hi, I just joined BP after listening to podcasts during a 12-hour drive back from Florida this weekend. I enjoyed them so much, I would have been OK with an even longer drive.For a little background, I bought my first...
Christian Carson
Buying rentals with an eye to cash-out refi
Hi all,
I've finally found a regional bank that will write nonconventional rehab+purchase mortgages. They are 5/1 ARM, 20 year term at 5.5%. These aren't exactly Fannie terms but they look like the best avail...
Nash LeGrand
Another New Guy!
Hello all,
Like everyone else who has posted in this forum, I too am looking for financial freedom. I have been thinking about this type of investing for some time now, but really never got serious about it. I ha...
Michael Greco
Banker in NJ - New to the forum
Hello folks, My name is Michael and I'm a Mortgage Banker in Northern NJ. My company does Commercial and Residential origionation as well as hard money transactions utilizing our own funds... We also purchase a larg...
Garrett M.
Owner Occupied - How to best position myself in relation to tenants
I am reading through Mike Butler's great book 'Landlording on Autopilot' which was recommended in one of the BP podcasts and came across a great point that may be an issue with my future plan.
Some background...
Edwin Arambulo
Brand new to Real Estate Investment (DMV)
Hello,
I am brand new to real estate investment as well as this forum. I do not have much experience with real estate investment, but was really interested in flipping houses. All I have done so far is read b...
Jason V.
Milwaukee Investors: How many people usually reply to your listing?
This question is for the Milwaukee investors. How many people do you usually get interested in your property? I put adds on Zillow and Craigslist and have had over 30 inquiries in the last week. This seems kind of exc...