Jonathan Riordan
Origination fees 2.5%?
I am under contract on a house and my lender sent over the closing cost estimations. It looks like they are charging an origination fee of 2.5%. This seems high compared to what I have seen in the past. What have y'al...
Nicole De Lia
Pittsburgh Duplex: First out state purchase!
Aaaah! We're doing it. After listening to 200ish BP podcast episodes, my husband and I are buying our first out of state rental... a duplex. We own our primary and one rental in Long Beach, CA and are looking forward ...
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Seller-financed purchases
In my reading, I've come across the suggestion that an ideal situation/purchase of investment property is one in which the seller finances the purchase. But doesn't this go against what most sellers are looking to do...
Lesley Whitley
LLC advice needed - one per property?? That seems crazy!
I met with an attorney (I am in California, but investing out of state) about starting an LLC that we can use to purchase properties. I was shocked when my (California) attorney STRONGLY suggested that we need to hav...
Osmund Y.
Bulk sale strategies?
Hi folks,
Long time lurker, first time poster. Please forgive the rudeness.
Not sure if this is the best forum to post this question in, but could use your help. We’re thinking of selling a group of rental propertie...
Jonah Geil
Zoning violations - Multiple units in R5 zoned house, how common?
Hi - NEWBIE ALERT!We're first-time investment property buyers. We're looking at buying a house that has been running as 3 units for many years. However, it's zoned R5 for a single dwelling. I'm aware that code violati...
Matt Everling
Do 5% down multi family loans even exist?
Hello BP collective genius,I bought my first duplex 10 years ago and was able to secure a loan with only 5% down. Do these loans even exist anymore? Appreciate any help.
April Causapin
Confused first time rental property (duplex) buyer.
Found a duplex with two (1 bedroom, 1bath) BUILT IN 1929. Currently has tenants paying $1000 each. Need to update to increase rent to possibly 1200- 1600 (on the high end). I’m alloting 10k each unit. Each unit is 580...
Camila Healey
Tips for first time military investor
I am a 22 year old heading to flight school in Pensacola, Florida. I will be stationed in Florida for about the next two years and my intention is to purchase a 3 bedroom 2 bathroom home using the VA loan. I would hav...
Jerry K.
Quick look at Palm Beach County FL results with sub account elimination in 2013
I've talked about Palm Beach County being one of the first counties to eliminate the use of multiple sub accounts in their auctions, I speculated that it would be great to level the playing field in terms of ind...