Keith Gertiser
Assuming a VA loan and house hacking a duplex
I Am currently looking to purchase my first duplex and plan on house hacking it. The property currently has a VA loan on the property at 4% and significant equity. I plan to substitute my eligibility for theirs, howev...
Derek Brawders
New Member intro - Nashville, TN
Good evening,Just getting started with rental property ownership, purchased my first condo (new const) back in June working to get it filled and will be looking into additional properties as time and resources allow. ...
Chris Seveney
Expected Documents / Communication in a Deal
As part of any good relationship, communication is key. I wanted to share with everyone the information I provide and also like to hear from others on what they share or what people want to see. This is important for ...
Omar Lee
Trustworthy Property Managers
I've been shopping around for a property management company (PM) and I'm astonished by what I've seen. Some of the contract terms I've reviewed are down right bewildering. What's even more surprising is it appears to ...
Mike Polizzi
Hurricane Sandy Re-Build: Need Advice for my Parents!
Hello BP, I need your help now more than ever!Here's the scenario: In October 22, my family found out that our life life long vacation home/rental property was absolutely demolished in Hurricane Sandy. Although my par...
Dakota Cochran
Please explain a Hard money lender
so basically I’m new to real estate and I’m looking at a property , the guy wants cash only and if I don’t have the funds and don’t want a partner that leaves hard money lending, right? So I think I have a basic under...
Brooklyn Cartwright
Newbie with Financing Questions
I just stumbled upon a property that looks like a potential amazing investment but needs A LOT of work. I can do a HELOC on my primary residence and have access to about 60k in captial and the property is 215k. My que...
Grant Carrington
Rehab amount larger than purchase price
Wanting to know if anyone knows of any hard money lenders that will fund a deal in which the rehab will cost more than the purchase price. Let's say purchase price is 50k and rehab is 60k. Having a hard time finding...
Cason Moore
Earnest money not used at closing but not disclosed
Had a buyer for our home put 2K in earnest money down. Closing date could not be met due to issues seling her home, which was not a condition of our contract. Extended closing with additional 2K earnest money, for tot...
Rob Randle
Duplex Questions - Saving For Repairs
I'm analyzing a duplex deal that I see in my market. I plan to live in one unit and rent out the other.Analyzing this multi-family deal there is a separation between repairs that need to be made and repairs that will...