Hello everyone. What a great resource this site/forum is!
I'd like someone to share their scope of due diligence performed prior to making an offer. I believe I understand the comprehensive due diligence pe...
I'm looking to obtain title to a home via a courthouse auction. The plaintiff is a roofing company with an unpaid lien (recorded in 2014) and thus foreclosed on the property ($15k judgement). There is no mortgage on...
I have a buyer for my property, but have hit a snag with Title co. In Montgomery County TX. I have a meeting scheduled with my RE attorney to assist, but wanted to see if others have dealt with this and what was your...
I own a home that is rented out by my brother. I have never claimed the home on my taxes. I am attempting to get new loans and since this home is not showing income, it counts against me as a monthly note, thus limi...
Hey BP! My tenant has told me that she planned to move out on the 15th and will let me know if she has to extend. I've texted her and called, and nothing. I need to occupy the unit (FHA), and move in my things, but I'...
I took a personal loan of $100K at 5% and lend it for my LLC to purchase a rental. I plan to charge my LLC 6% interest rate.1. Is there any benefit to write up the loan as a mortgage vs a regular business loan?2. When...
Hi BP colleagues, after almost 2 years studying the real estate market, I have finally made a move and bought an auction property on Medical Center South area, in the city of Houston, TX. My very first priority is to ...
Hi BP, I have been told by a realtor that sandwich leases are not legal in Ontario. I am looking to canvass the Ontario BP community to see if anyone has recently completed a sandwich lease and if so have you had succ...
How does a loan term affect the amortization of a loan. For example how does a 5 year loan term affect a 30 year amortization schedule?
So, I'm still a newbie and trying to filter through all my internal questions...I feel like I understand the gist of private lending in regards to the BRRR method which I'm interested in however, what I don't understa...