Hello,For a mortgage with a regional bank, can it be assumed by the buyer so that they can keep the lower interest rate (4.1%) instead of having to make a new mortgage at 6.5%?Thank you
Hello BP I would like to buy a property, but I don’t have the income to qualify for the mortgage. What I want to do is have a partner get the mortgage in their name personally guaranteeing the loan and I will give the...
Hi,
Looking for some advice on a rental property I have, there are 2 brothers on lease and have been living there for years. Never any issues with them. This week one of the brothers came home and worried about the o...
Hello good afternoon to all hope all is well…..I guess I just need to vent so bare with me plz lol Sooo after countless YouTube videos, reading books and talking about real estate with anyone that would listen I start...
My partner and I have recently started looking at Buy & Hold properties. We currently don't own any properties, but our goal is to build a rental portfolio by acquiring 1 to 2 properties per year.We have spoke wi...
Hi everyone.So I am trying to understand this BRRRR strategy a bit more, and in doing so stumbled across a question that I have which I hope you can help me answer.To set up a little scenario:You purchase a property a...
Hello all! This is my first post, I hope I'm doing this right. I have purchased several condos in Florida. I just recently bought my fourth in November 2015, and the previous three are all rented out. In October, ...
Hi All,Wanting to see if there is any advice for a situation that I am going through. I closed on a 203(k) loan on January 4th. My wife and I thought we had a decent contractor and the work was slow but it was progre...
I own a 4 family currently, and I am working on getting my next deal I must have put in 6 offers which all consist of 50k over asking and waived inspections. I have come runner up on places a few time but ALWAYS LOSE ...
Hello BP Investors,I recently acquired a 6 unit building in the city of San Diego. Acquisition date 3/26/19. On 4/29 a tennant gave 8 days notice to move out. I had the PM let the tennant know that 30 days was requ...