Anthony Simboli
All Cash Offer for Entire Lease Upfront - Good Idea?
Hey guys,So a unique opportunity came about that I've never experienced in all my years renting. Someone in the neighborhood offered to pay cash (or cashier check) for the entire rental lease (10 month lease) upfront....
Corinne Ulloa
Storytime - Also worst-case scenario if we don't send EMD?
Apologies in advance for being so long winded. We are hoping that someone can advise us of the worst case scenario if we decide not to move forward, amongst a couple of other questions along the way.Here's the deal......
Jake Fumagalli
Should I sell my rental?
Recently I’ve been contemplating selling my rental property. It is paid off and the only purpose of selling would be to put a downpayment on a bigger property with more units. Is it worth selling a paid off property? ...
Jesus Shuttleworth
VA Refinance + 95% HELOC + NOO LOC
First post. I need some help. The intent here is to purchase a new primary residence. I currently have 2 VA loans. One on a property in Colorado, another on a property in Washington.Colorado: 130M balance, 3.375%,...
Vickie Liu
Buying a Primary Residence but with Leases in Place
Hi BP experts,I'm looking to house hack in the greater Boston area by buying a 2-family property, using one unit as a primary residence and another unit for rental. I saw a good candidate but the problem is there're a...
Johanna Anderson
Need 100% LTV financing for a residential property
I have started a real estate investment LLC, and I will soon be doing fix and flips. However, my immediate need is personal and urgent. I want to buy a house in Silver Spring, MD (a suburb of Washington, DC) for $640,...
Michael Ndjondo makadi
Can a rental be run as an LLC without transferring ownership?
Several questions to CPA, lawyers or just those who might have better knowledge. For perspective, the property is located in San Diego, CA where I live also. 1. I was told and read that the property MUST be owned by t...
Herb V.
Fannie Mae flip
Any words of caution when flipping a fannie Mae property? I figure I'll use an LLC and double close. Thanks
Tarik Larue
Refinancing Baltimore City Rental property
Greeting BP family,
Just finished a 2 unit rental in beautiful Baltimore city using a hard money loan. I'm looking to refinance into a conventional loan ASAP. Can anyone recommend a good local community bank or credi...
Rita Bock
Hard Money Lenders
Hi BP, Me and my husband have been really thinking about all the different ways we could finance our first flip and its more and more looking like we will have to do a hard money lender or private lender. Every time I...