Account Closed
I have 10k to invest, Cant get a mortgage! What would you do?
Hello Everyone
For the past few months I have been unable to get a traditional mortgage with a bank for various reasons, I am honestly tired of it holding me back! I have decided to look for a property using seller f...
Grant Kemp
What are the closing costs in a mortgage assignment
I've tried searching the forums, but can someone walk me through who is being paid, and what their doing as far as closing costs are concerned with MAPS?
As far as I can think, it would only be the title company need...
Kyle Cabral
Subject To - Dodd Frank - Simple Scenario
Hey guys, I'm really hoping for some simple advice on a simple scenario when discussing subject to deals with respect to Dodd Frank. I downloaded the law, it's huge, and will eventually pierce through it but very con...
Tania Reuben
Investors Who Survived 2008-11: How Did you Make It Through?
Inspired by @Brian Burke's harrowing story of surviving the economic meltdown, I'd love to learn what other lesson's people gained through that time. Many survived, some thrived, lost it all... While I don't think we...
Tony Freeman
Why Security Deposits In Chicago Are A NO NO!
This isn't meant to be a long post but I have a lot of first time investors and house hackers or just investors that are new to Chicago that ask about charging a security deposit and my answer to them is NEVER charge ...
Samantha Klein
Underwriter wants to count payment against me..
Let's say you show a $500 annual profit after deprecation on your rental property on your taxes, wouldn't the lender divide that $500 by 12 and add that to your monthly income? I'm trying to figure out how much to cla...
Nitit Chartuprayoon
Would you buy a property that is breakeven in SoCal?
Hey everyone,
I've been doing a lot of research educating myself on REI. I decided to look for a SFH or MFH to house hack and eventually turn it into a full rental property later on. I am looking to buy and hold the ...
Andrew Martel
Buy and Hold Basics
Hello All!
My questions for the day is about buy and hold basics. I'm a bullets kind of guy so here it goes:
What is considered a "good" cash flow for a single family rental home... $50? $100 $200? In...
Zach Schwarzmiller
WA State: Small Claims Action (Owner to Tenant)
Greetings BP Community,I am interested in filing a small claims action against a prior tenant of mine whom lived in a unit I own in Snohomish County, City of Snohomish, Washington State.Situation: The tenant left with...
Max M.
Lease Options For Affluent Tenant-Buyers
For the more expensive properties that go beyond being "good homes in good neighborhoods" for the average middle/upper-middle-class buyer, is it more likely that there will be different things that would attract someo...