Lance Lewton
WHAT WOULD YOU DO???
WW-YOU-D?You’re 41Live in South HoustonMarried with 8 & 9 y/o boys. Work shift work at a chemical refinery making ~$120k/year. Started a side Business that will Allow you to quit refinery job after a year or two. ...
R S
First time investor with some questions
Brand new member and hopeful first time real estate investor here. I'm very happy to have found this forum!
Because I only have around $15,000 liquid to invest, I'm looking to purchase a single family condo/townhouse...
Account Closed
When do I contact the Hard Money Lender?
I have purchased and started reading J. Scott's "The Book on Flipping Houses" and for my situation a HML may be the route to go. I think I missed something really simple. When do you first pick up the phone to tal...
Al Sousa
Trouble in getting offers accepted
I live in metro west of Boston , I am running in a wall of making a lot of offers and no contracts.
I am using the 65% rule in most of the times my offer is $20k different from asking price.
The agents I have been ...
Jay M.
Financing a cash buy
I'll soon be financing a duplex that I bought with cash, then renovated. I bought the house as a buy and hold.
The property has appreciated a lot because of the area and the reno, and will likely appraise at ...
Ross Bernard
Financing a second property
I recently purchased a 3BR house and am renting two of the bedrooms. The PITI is $900 and their combined rent is $945. My income from my job is about $2300/mo after taxes. My question is, how difficult will it be to o...
Danny Duran
?Chicago’s Residential Landlord & Tenant Ordinance - Subleases (Mun. Code ch. 5-12-120)
BP Chicago Folks—in preparation for my upcoming “landlordom,” I’ve been researching the Chicago Landlord-Tenant Ordinance, “Subleasing” pasted below.The landlord must accept a reasonable subtenant offered by the tenan...
Jim Foil
Well...Crud!
Hi all,
Up until Friday, I was happily employed and investing passively, but aggressively by acquiring solid cash flowing single family homes that I would rehab, then rent. My business model was such that it...
Robert G.
Question regarding 20% down on rental?
Hi BP!
May have just found a perfect rental in my area but had a quick question regarding the financing (am calling my mortgage specialist tomorrow!).
Long story short....purchase price is 135k and is a...
Brandon Turner
What Would You Do? (Fixed or Arm Refi?)
Alright, so I'm working on a couple refinances right now, and one of them I'm a little stumped on - so I could use some input.
I owe $75k on a duplex that should appraise around $120k. I have 2 options:
...