I’m looking for a loan to purchase an 5 Unit apartment and came across a lender. He told me I have to pay a $3,600 origination fee for for $180K. I told the lender from Metro Financial Services, INC that I didn’t want...
HelloI found a homeowner who bought a 2 family back in 2003 for 225,000. Due to poor management on their end they have defaulted on two mortgages.I believe both of the mortgage debts combined equal roughly 215,000. AR...
I just came across this terrible story of an agent who was killed as he was allegedly going to evict a tenant a few months ago. https://www.sltrib.com/news/2019/01/20/three-arrested-death-utah/While there is no total ...
Hello again BP Professionals. thank you once more for the great responses on questions to info-hungry (new word) like me. I would like to know how do you verify somebody online that says they can finance your deal. I...
We just started renting our property manager - most rentals he gets from Airbnb - my only concern is every month he comes with various expenses - pillows, fixing sprlinkers , animal control, additional cleaning, a/c f...
This is a rather broad question which may be covered by respective statutes, however is there a maximum interest rate/penalty levied for tax lien redemption? I am curious of how high a principle interest rate is possi...
Hello! I'm relocating to Outer Banks, North Carolina to take part in a super hot Airbnb market, and I'm looking for investors to fund my first deal there. I'm interested in an equity split in exchange for setting up a...
Hello everyone first time investor, quick question. Any advice on how to find and vet a contractor? And if anybody is in the Philadelphia area is there any contractors you have worked with that you can recommend. Than...
Just curious if anybody has had any luck getting their money back from a guru? I signed up for Rich Dad training over a year ago and have taken 2 of the 4 classes we paid for. We were at a point in our lives when t...
What do most do in terms of keeping rental business out of personal finances? My eventual plan is to scale - do most have a single financial LLC with its own checking account and each rental LLC finances go through th...