Josh Prince
Unsolicited Signed Purchased Contract Received from Broker
We recently updated the title on a house my family owns (removed dead trustee from title, etc) and then yesterday received a letter including a signed purchase offer from a broker.
The offer was all cash, 5 d...
Sean Thompson
How to set up showings for potential tenants?
Hey everyone! My wife and have just started looking for tenants to live in half of our duplex once we move out. Little backstory: We have been house hacking in our duplex for the last 2 years. We live in one half, and...
Bryan Wilson
Vetting Hard Money Lenders?
Hello all,I'm still new to the forum and have been digesting a lot and am thankful for all you provide. Today I'm wondering how do you vet hard money lenders. Do you have a specific checklist you follow as you would...
Anthony Caleca
Financing questions for new project
so the house right behind my primary residence went on fire Sunday and it is completely wrecked. The insurance company already ordered for the house to be demolished due to it being un safe and someone potentially goi...
Dave McEvoy
$80k under water, can I do anything for her?
Hey BPers. Got a call from a woman regarding my bandit sign. She's behind about 18 months in payments, no lis pindens yet. She's about $80k under water. I'm basically a wholesaler and do some LOs. Is there anything I ...
Lamontis Gardner
Single Member LLC vs Multi Member
Me and my wife have set up an LLC, and while applying for the EIN I was prompted to switch to a multi member LLC. Being that it's just me and my wife, should this be an option for us or should we run it as a single me...
Joshua Carter
Inspection on Property w/ All Utilities Shut Off
Seeking info/advice around making an offer on my first investment property....I'm working to get an offer accepted on my first investment property (BRRR on a triplex on a double lot in my local market). The seller are...
Brandon Sturgill
What LTV Are You Getting On Cash-Out Re-fi's...? What About Seasoning Period?
Current lender is offering 70%....another local lender willing to go 75%...standard seasoning is 6 months...has anyone seen higher LTV's or shorter seasoning?
Jason Merchey
Last Month's Rent?
I have a $2000 a month rental, and a person or two suggested I was nuts for asking for first, last and security. Yet I am a bit fearful to not ask for last. Opinions?
Travis Bobo
Conventional Mortgage Requirements
Hey BP,I am currently working on locating my first deal. I am looking to buy and hold and we are looking at property in the 50k to 100k range. I have A+ credit and will be able to put 20% down. Most everything we h...