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Great foreclosure deal in grandkids school area that my daughter & new son-in-law would make very good use of. But they can't use their credit as they both have child custody cases on going. My daughter's ex is te...
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Being fully bound from being able to do evictions for nearly any lease violation, I am concerned on the future of how this will play out. I'm looking for any loopholes or ideas with current leases or future leases tha...
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In another thread, @Bill Gulley and I had a brief discussion on underwriting guidelines. Rather than take that thread off topic, I created this one to hopefully further the discussion. The main contention was whether ...
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I own some rentals in blue collar areas. Some houses are notorious for being occupied for 3 months no issues, then late payments, then partial payments, then no payments, and eviction. They cash flow excellently whe...
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It isn't anything new and it has been well documented (whether you are aware of it or not). I'm curious to know if there are any personal experiences with redlining for those seeking conventional mortgages, especially...
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I had a potential tenant contact me and ask if I accept felons. I have read that it's illegal (discrimination) to flat out say "no felons" so I asked what the crime was. He said "sex offender, 16 years ago when I wa...
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Hello All,Background - I own 13 SFH all with conventional mortgages. - Currently, our LTV across all properties is 40%. - No experience with portfolio loans or commercial lending, educational awareness from...
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Hi everyone,How does one become a landlord? Granted one has a great credit history and a sum sufficient for a down payment. Can you please share how you started or point to resouces that can be helpful to someone look...
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Hey everyone hows it going? I'm a college student and new to investing (this is my 3rd day of using biggerpockets). On zillow I found a triplex for 120k in New Brunswick NJ near my school. I want to house off-campus a...
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Hello BPs. I'm really new to BP and real estate investment. I just bought my first rental property after doing a lot of reading and research. While I'm still not 100% sure we have made the right move in terms of numbe...