Gulnoza Bobokalonova
Oakland tenant friendly laws and tenant occupied duplexes
All, I am very often finding duplexes that have both units tenant occupied in Oakland, CA. 1. Is this the usual deal? 2. I have asked Redfin agents to get back to me with 'buying out' options about current tenants and...
Eric Eckman
Straight to LLC or not?
I'm preparing to buy my first rental property, single family. Ultimately I hope to have several and plan to own them in an LLC. My debt-to-income is such that I could definitely qualify for a traditional 30-year mortg...
Wilson Bunton
Fannie Mae Violating their own rules?
Hello all,So here's the situation, my wife and I have found a home that we would like to occupy and do a sort of live in flip, however we fully intend to live in the house for at least the next 2 years.The home is a F...
Drake Espenlaub
First Purchase Conventional advice on refi timing?
I purchased my first deal and am looking for advice on where to go in the future. I purchased a foreclosed duplex for $55,000, after update and remodel I believe the property to be valued at 115k.I would really like t...
Andy K
Unpermitted addition to home in Southern CA
Hi all,I wanted to ask folks on the forum some advice about an issue we found out today.We purchased a rental property in Riverside County in Southern CA in 2013. This was a foreclosure, so we never met the previous o...
Daniel O.
Hard Money Lenders
How does a commitment letter written by a hard money lender work? if a hard money lender writes a commitment letter for $180,000 will this be the total amount loaned? will it be cash given to the buyer or directly han...
Account Closed
6 unit commercial deal/distressed properties
Hello BP! I am working with a partner on a deal to acquire 3 distressed, vacant duplexes on one plot of land. It may sound weird, but these properties are assessed as one entire unit. Each of the 6 units has 3 bed/...
Bryant Bagley
Cozy vs Zillow for Collecting Rent
Real Estate guys & girls - Please let me know what experiences you’ve had in dealing with Cozy or Zillow’s rent collecting service. Pros and Cons? Has everything gone smoothly or have some issues popped up that ...
Matt Joplin
Structuring a Deed and Note to Streamline Future Refinance
Hi Everyone,I am looking to restructure an agreement with a private lender so that I can Refi in the next 6 to 18 months and hopefully do a "rate in term" refinance instead of a cash out refinance. I have a private l...
Hyeongyu Jo
Tenant refuse to pay rent
I have trouble with my househacking property. I am in 1 unit and rent out the other unit.And My occupied unit I rent out to the roommates. and one of roommates make so much complaint about 2 month.She just move in 12/...