James Moore
100% financing based on cash flow
I am curious if there are any lenders out there that will do 100% financing based on a properties ability to cash flow? This will be my first investment property other than my house that I couldn't sell and decided to...
Alice Smith
Pricing in declining housing market
Hi all,Currently looking to buy a single family home for short term rental. Given the declining housing market, how have people been adjusting their bid offer? Are people trying to bid lower than the asking price? Obv...
Mindy Jensen
I Need Your State's Contract to Buy & Sell Real Estate Please!
Hey there. I'm looking for a copy of your state's boiler plate Contract to Buy & Sell Real Estate. I've got Colorado covered, but need the other 49 states plus Washington DC.
(Update, @Russell Brazil pinged me to...
Mike Schorah
Should I not flip houses right now since prices are plummeting?
The price for every house in my market has been cut by about 6%… Not just houses, but vehicle prices are being cut 20%. And the Fed is planning to raise rates AGAIN. WHY?
Dustin Awtrey
LLC structuring, holding company? Or not
I am in the process of building an 8 unit complex. I’m going to have an LLC to put this development in. Then after this development I plan on doing others , each having their own LLC. My question is, should I have a...
Jay Hughes
Future Rental Income to Help DTI
Hi,
I’ve been lurking/reading on the forum for a while and just decided to join. It’s been a really great resource, but it’s hard to get a handle on the current climate in lending.
My main question is the possibili...
Isidoro Leon
Tenant served with Notice to Vacate - Now his rent check has bounced...
Hello Again BP Community,
I have the following situation but not sure how to approach it as it's a first for me. A week ago, I served a month-to-month contract tenant a Notice to Vacate. For a couple of weeks prio...
Scott Heinze
Property management recommendations in Central Massachusetts?
Hi BP Community, I am closing on my first investment property (3 unit) this week and have been shopping around for property management. I have talked with a few different companies, but figured I would put the fee...
Russell Peden
Commercial Lending question....
Hey All,I'm looking at a deal on a 6-unit building. When I contacted the agent about putting an offer on it, he said "...sure, just provide me proof of funds or a Pre-Qualification from a Commercial lender"I had plann...
Tiffany T.
Title Transfer Question
I have a deal on hand with estate property but the name on the deed is the decedent. I like to know if I like to have the deal close, can the relative sign the title transfer on behalf of the decedent or the relative ...