Is it right for a landlord to be receiving Section 8 on behalf of tenants who are paying regularly and unaware of the section 8 on their names?
My husband and I are in the option period of our first deal. The house needs a lot of work, but nothing major came back on the inspection that we weren't aware of. So after several offers it looks like we may finall...
It is screening time again and I have an interesting one that focuses on income. I have an applicant for a recently renovated high rise condo who is a retired librarian with no dependents. She has spotless credit, he...
I was working with some investors yesterday and were calling some of the local banks in town. Thank God owner-occupied loans are still under 5% but I had some lenders quoting us 6% on a fixed 30-year for investment pr...
Hi,I am new investor who owns both a duplex, and the current Single-Family home I live in myself. I put 3.5% down FHA on the duplex 1.5 years ago, and bought my primary 6 months ago with 5% down conventional. I live...
Hello BP Community,I have a scenario I wanted to run by you. The general subject has been covered quite a bit here, but I had some specifics and specific numbers I wanted to share. I am of course looking for overall f...
I own two properties -- my condo and my house. I live in my condo and it is a very manageable mortgage with Chase. After everything shakes out, I only want my condo.I also own a house in Hawaii which is listed for sal...
I'm wondering how people invest in markets like Raleigh, Austin, Jacksonville etc where median prices are 300-400k and able to cash flow. I invest in areas in NC where an average deal would be 130-150k and rent at 130...
I need perspective on which route is better from the vantage point of 1) tax liability and 2) maintaining long-term value in the Estate. A close family member is aging and wants to get rid of their office buildings, v...
Hello,I am a new investor, who is just closing on my first home here in Houston. Exit strategy is Buy & Hold. I have estimates from 4 contractors and hope to finalize one soon. What paperwork should I have the con...