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How does the seller bring funds to the table, how do I get seller and hard money lender to communicate, and how is it really structured.
I assume - the title is in my name? And the HML has a lien against the property...
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Hi all, I have purchased one rental property but took quite a long break since then! I would like to start investing again by purchasing a SFH to hold long-term. My first investment property was under $50K but that...
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Hi Guys, could you please advise me on the following deal.
I had arranged a short sale on a 4plex from $500 000 to $192 000. The market value is around $250 000. I am using a friend of mines credit for FHA loan. We a...
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I'm running different scenarios with the BP rental calculator for a 4-flat that I'm considering purchasing in southeastern Wisconsin. The building is in good shape and is fully-rented, but it is older (80+ years) and ...
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I have been reading up on the 50% rule, and i am trying to understand it fully. My previous method of calculating expenses only adds up to a mere 35%
my old way includes
Property tax x 12
Mortgage insurance x 12
Re...
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I haven't noticed any services that handle appealing property tax assessments in the Bay Area here. I have seen it for San Antonio, TX. Such service would on your behalf appeal the property tax assessment (each year, ...
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Hello BP,First post. First time buying an investment property. I’m 26 years old. I went to look at a 3 family home yesterday. My goal is to house hack a multi-family and then move out after 12-18 months when I am able...
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I purchased a duplex and I live in one side. I have been rehabbing the property inclusive of upgrades like central AC. I also noticed mice and hired a professional exterminator who successfully removed most of the mic...
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I'm interested in writing an offer on a duplex in Columbus OH that is currently occupied with Section 8 tenants on both sides. Is there anything I need to do, or be aware of when buying an occupied property with secti...
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I have ( I should say had) a potential tenant she past the screening process says she doesn't want the apartment for another 30 days (July 1st) ok no problem I said I wanted a security deposit = (to 1 months rent) if ...