Alex Shin
Upside Down Seller Need Options
Hello Everybody - Would appreciate some feedback on this. I'm talking with a seller who desperately wants to sell, however, they are upside down on their mortgage. What are some ways to help this seller in need? Would...
Denise Hogue
First time homebuyer in Denver area looking to buy a residential income property
Hi all... My daughter's are interested in buying their first multi family property in the Denver area. They will be living in the property and are looking for programs that would help with down payment/closing costs....
Adam DuCharme
Escrow Minimum Balance
My mortgage was sold to another institution last year and it seems like they handle escrow differently. My previous bank would pay the taxes and insurance when due and collect those balances equally throughout the yea...
Gabe G.
cdc stoppage of evictions, question inside
I filed for eviction on a tenant before the cdc order was in effect. The court date was set for one month out. I showed up, provided evidence that the tenant was not only behind on rent but also in violation of a leas...
Nathan Shepherd
First Deal...8 Units...Owner Financing?
Hi all,My husband (Nathan), and I (Erin), are 26 years old and have been aggressively looking/making offers to find our first deal. Over the past 2 years we have read books, listened to podcasts, and met with seasoned...
Jon Schwartz
Confused about loan options on a 14-unit MF
Hi everybody!I'm investigating a 14-unit MF to purchase, and I'm confused about the kinds of loan that are available to me.The property is a 14-unit MF in a tertiary market for $500k. I have the funds for a 20% down p...
Mark Morris
Ohio Land contract query
Hi I am US investor from the UK. I am looking at purchasing a property in Cleveland Ohio via a land contract. The seller really wants the purchase to be made in my personal name. I explained to him I only invest via m...
Butch Greene
Financing a Duplex that's leased through May 2025
We've been eyeballing a place to put our junior in college but we don't have the income and down payment to buy a 2nd home outright or the 20% to do it as commercial. A property just popped up FINALLY close to campus...
Ashlee Davis
Taking over a mortgage
Hey BP I have a question if I have a gentleman wanting out of a property title that fell inside his lap and he offered to give it away not wanting anything in return.... The house has a 98k mortgage and 7k lien can I ...
Glen Whipkins
How to get on first of the month rent schedule
We have listed our first rental and are screening applicants. My question now is say we sign a lease agreement on the 10th or 15th or 20th of the month, do we pro-rate the first payment then the first full rent payme...