Cuong Thai
Closing Cost
Good morning Everyone, A few weeks ago, I posted a question about refinancing my property. I was able to find a mortgage broker who has agreed on GFE to work with me on refinancing my property. He quoted me 3.879% w...
Chris Seveney
Have Not Seen This Before - 2nd Position Note
Here is one where I have reviewed this with 4 attorneys and none of them have seen this. A HELOC on a property whereby the seller sold the property and the lender agreed to a short sale. For simple terms lets say the ...
Lauren Alpert
Using new construction to fund new deal
Hello BP Community,My husband and I just built a new 5-unit apartment in the Los Angeles area. For the two years it took to construct the units, we were unable to close on any new deals due to the high cost of the con...
Mike Hartzog
Lien Position Isn't Always About Recording Date
This quarter we are out in the market reviewing tapes, making offers, and generally working to add some additional NPNs to the portfolio. I recently submitted a bid on a FL note with an original balance of 49K which ...
Kevin Guo
How much to figure in for CapEx for multifamilies?
Hi all,I'm looking at 6-unit apartments and most in my area are mostly C units built in the 70s and 80s, with some in the 50s and 60s. The outside is brick. Pretty clean. Seems like they stood up well against time. In...
Christopher Fernandes
Newbie from Brockton, MA
Hi All,
My name is Chris and I am looking to break into investing. I am a military vet currently in college but graduating in 2018.
No prior experience in real estate but I'm hungry for knowledge and to get started...
Rick Bassett
Death of tenant in rental house
I've been a LL for many years and this morning I received that dreaded 4am call; "come to your property, there has been a murder" said a neighbor over the phone.Well it turned out not to be a murder but an apparent dr...
Jacob Souers
Tenant will not let me put down poison for rats
Yesterday my tenant informed me that they have found two different rats in my new single family rental property. When I told them that I’ll get a pest company to come out and handle it, they are asking that I do nothi...
Nick Walley
Starting out- tax benefits
Hey BP! First post and it’s great to meet you all. I would love some advice / perspective… I live in the East Bay Area here in CA, have a great W2 and good sales commissions, and want to start RE investing. I’ve been ...
Jimmy Samai
Dialers For Cold Calling
Good evening, What are some dialers that some of you all use to cold call a large list of numbers. Does anybody have experience with callrail?