Luke H.
No one with good enough credit
Hello all, hope all is well. This rental has been on the market for 15 days and after 48 leads no one has qualified. Due to no one having 600+ credit score. There is a married couple, with 2 kids that claim they have...
Dustin Allen
wholesaling with a twist!!
Hi all!
I am currently looking for cash flow as my main objective. Im in the process of buying a few 4plexes at this time, but i really am shooting for buying owc and selling owc. No liability, no headaches, just cas...
Bryan Barry
Is there a way to get around fraud in the inducement?
Before going out and getting my first deal underway I want to know as much as possible and I have bee hearing a lot of "fraud in the inducement" and I was wondering if there was any ways or certain weasel clauses I co...
Savannah Lewison
Please Help me analyze this deal
Hello BP community,Here is my property analysis of the day. Ideally, the tenants would pay all utilities but I've added them just in case. I added $30 a month for snow removal. Is this a reasonable cost to add for som...
William Stewart
Closing dispute residential loan turns out to be tenant occupied
This is a very odd post. A "friend" of mine purchased a property with a 5% residential loan. The buyers broker told him that there were tenants in the property but would be out within two weeks after closing. The buye...
Account Closed
Latest New Construction Spec Development Deal in Charlotte, NC
Below are photos of our latest speculative development deal. This was a parcel I purchased for 250k in Charlotte, North Carolina. I was able to subdivide into 2 separate lots (one of which further approved to have a...
Ryan Ward
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.I will be purchasing this property using a hard money loan that provi...
Buyan Thyagarajan
Deciding on whether to raise the rent or not for properties in DE
Hi Guys,I have a rental property in Wilmington Delaware which is a single family home for $1550 rent. My current tenant wants to renew the lease but says he will pay the original rent. I have new offers from zillow at...
Brooke Morton
How to exit a construction loan?
CONSTRUCTION LOAN question: I am looking to build a modest, small home for myself. I have just started looking into costs and am seeing a ballpark of $200,000. If I sold my current home, I would pocket $140,000. I ima...
Phung N.
Should I fix the ceiling fan?
So my tenant moved in three weeks ago. Per the lease, she has 7 days to tell me what wrong with the house after move in day. A week gone by and I asked if she had found anything. She said no just minor scratches. ...