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...
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...
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...
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 ...
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...
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, ...
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...
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...
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...
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 ...