Holly Hudson
Commercial Pre Approval
HI! There is a property that I am very interested in and would like to view. It has 5 housing units and some rv pads. The owners are requiring pre-approval in order to even schedule a viewing. I have never purchase...
Stephen Schoon
Can't finance duplex due to 2 separate structures?
Hey all, I'm offering on a property (in columbus oh) and my finance guy says he can't lend conventional fixed rate because it's a non-conforming property. It's one lot, residential, with 2 separate living structures...
Timothy Garman
Tax related questions for partners
Hello All,
I purchased a property with a friend/partner roughly 2 years ago. We used to live in the property together as college roommates but have now both graduated and have since moved out. We now rent this proper...
Frank White
cash back at closing
can someone throughly explain cash back at closing? more specifically, how the deal is structured? what the lender requires?
Albert Hoffman
Fourplex Under Contract, Redemption Period Ending Soon - Need Advice
Hello BP,I do not have a lot of experience in foreclosures, so I was hoping to gain some perspective from some of you who do.I currently have a four unit building under contract in Minnesota. The redemption period is...
Mannny Lubana
Noob Real Estate Investor - next steps after initial analysis?
Hello My Fellow Investors:
I have been analyzing deals and crunching numbers on MF properties. However most of the times, properties aren't cash flowing at all after this initial analysis. In some cases either proper...
Annette Radvansky
Property Managers and Security Deposits
Is it normal for a property manager's agreement to take the tenant's security deposit and hold it for the life of the lease? A PM I considered stipulated this in the contract. It also put the liability on me to pay it...
Violet O.
New member from Texas
Interested in learning as much as possible about real estate investing before jumping in. I learned about BP through a web search about flipping houses. I've already listened to several podcasts, which I have enjoyed,...
Christopher Forero
Pulled trigger - Under Contract on 2 Flat w/ Finished Basement
Signed on the dotted line for a Brick 2 Flat w/ a 2/3rd finished basement in North Chicago @ $375-400k (FHA).Property has been family owned and looks well taken care of.- 2nd Story: 2/1 - Nicest finishes, only missing...
Michael Fanelli
Structuring multifamily partnerships
Hi everyone! First time poster here. I'm Michael Fanelli, and licensed Realtor with @Mark Ainley at GC Realty. My wife and I are looking to purchase our first multifamily and are trying to figure out what's the best w...