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Results (1077)
Jeff Davis Pre-approval timing for FHA on owner occupied MF
24 October 2022 | 8 replies

Hey everyone!Hoping to get some feedback on the timing of when we should apply for pre-approval. We are looking to purchase a MF property later this year or early 2023. We plan to live in the property and rent out the...

Account Closed Damage to unit main door, who is responsible for repair costs ?
8 November 2016 | 14 replies

My tenant called me regarding a broken door, I had scheduled a repair on the door the following Monday (5 days after the call) however when I arrived the day of with a contractor, I found the door to be completely unu...

Arti Piland private money no interest question
9 February 2016 | 26 replies

I searched the forums & found many situations involving private money, but couldn't find any like this.  How is private money classified/structured if there is nothing being asked for in return - no returns or int...

Sachin Bhat Bank changed their terms after getting an appraisal
5 April 2020 | 15 replies

Hello bp family,
I have a duplex that is completely rehabbed and ready for rental, I wanted to take my equity out so I can purchase more rentals. So, I contacted one of the private bank and they gave me their terms. ...

Robyn Joy Confusing deposit refund situation! Help!
13 October 2015 | 11 replies

As a tenant and someone looking into having investment properties down the line, I have a particular situation I need advice on.I was renting a flat in LA with a friend, both our names were on the lease. She planned t...

Greg W. Balloon payment due on building
25 July 2018 | 13 replies

Hi,A few years ago I purchased a 7 unit building with seller carrying the mortgage with 2% interest for 3 years that ends with a balloon The price was $310,000 and I put down $30,000. I made a mistake of not getting a...

Jonathan Johnson System for paying Contractors
26 May 2016 | 18 replies

Hello BP!I have a question about rehabing with contractors. I've read a few success stories and horror stories, both sometimes have contractors run away with the money. I'm guessing that there needs to be a system for...

Julie Gates I’ve now completed 1.5 evictions on medium term rentals, and I’m not changing a thing
2 February 2024 | 8 replies

Medium term rentals are the new darling of short term rentals. As a large chunk of the American workforce can now work from anywhere, investors are scrambling to provide great places for these digital nomads to explor...

Maria Matthew Approaching seller offering "assumable loan"?!
31 December 2023 | 8 replies

Hello all, newbie investor here looking to get my second property and would LOVE your advice! I saw a listing and in the description the sellers are offering an assumable loan, and I would love to know the best way to...

Dan Kelley Rent- Raise or not?
27 February 2016 | 10 replies

I'm owner occupied in a duplex. My tenants that live below me in a large 3bd/1ba unit have been there for almost 3 years now. I rent the unit for $700. I've never raised their rents. When I purchased the property, I t...