Becca F.
Should I sell or rent out my condo?
I currently have a 1 bedroom 1 bath condo on the market. It's near Lake Merritt in Oakland. It was my primary residence (I moved and bought a different home). My listing expires on August 23. I had lots of showings an...
Rivy S.
Two mortgages at the same time, will they know?
Here's the background: I have an investment property under contract here in the DFW area, and we are actively looking for a primary residence as well. Both together might possibly put me over DTI restrictions. (I've...
Olivia Evans
House Hacking in NYC area - Willing to share your experience?
Hey everyone,
Any stories to share on house hacking experiences within the NYC area (Queens, Brooklyn, Manhattan, or Jersey City)? Especially as of recently? When I say stories I mean along the lines of...
When did ...
Kerry M.
Why a 7 year loan?
Hi - I have spoken to two bankers. The first is with a major bank who was talking about a 20 year mortgage. The second, a local smaller bank, without an application and over the phone, mentioned a 7 year 'abundance ...
Alice Huang
Attorneys disagreeing over LLC Operating & Partnership Agreement
Hello BP!Would love an insight on what is going on here...My business partner has engaged an attorney for the LLC (not LP) to draft a “partnership” agreement. I’ve passed the agreement to my attorney and she insists o...
Brandon Laughridge
How to Structure This Private Money Arrangement
I have two partners that are interested in investing some cash to act as our own hard money fund for rehabs (to resell and hold). We own our investment company equally but their money is going to be a "side car" so t...
Samantha Hopkins
Contractors Who Don't Know / Want To Create Proper Invoices
Hi Everyone,Many of my contractors and subs seem inconvenienced when I request an an invoice from them before I can remit their payment . I am wondering if I can create an invoice where all they would have to do is ...
Stuart Bartle
Ready to invest in first property rental
I’m just starting out in real estate and ready to buy my first property to rent out,
I’m in Los Angeles and was first thinking about Airbnb condo at the Palms place, Trump or even a sfh to rent long term.
I don’t se...
Shari Posey
What if seller won't leave after close of escrow? (CA)
Would one have to evict a seller who won't leave on the day it closes escrow (as the contract states) or is there a simpler legal method? This is question pertains to sellers in a short sale transaction who have no mo...
Lewis C.
LLC Formed, what next?
Hello all, Looking for some help for the BP folks....My business partner and I currently own 4 rental properties, which we plan to put into an LLC. The LLC has been filed with the State of TN, and once it has been rec...