Hello everyone.I have a question which need some helps. My current tenants are termianting the lease early. They have renewed an one year term little over three months ago, but have bought a house in late August.In th...
A brief overview.40-year old S-Corp with a stable history and no past financial problems. Assets: $700K-$1M. Debts: Zero. Vast majority of assets are commercial, with less than 10% SFR. Clean, complete books and a...
Hi BP Members,I just got my first property under contract! I am excited about this , but concerned at the same time. I've also lost my sleep over this for past 2 days.Here's why.As soon as I presented the contract to ...
Hello,I need your feedback please. The prospect tenant is a single mom living with 2 teenagers. She is working and taking master degree as well. I just use the recommended link to run her credit score check. The resul...
Can anyone familiar with FHA 2/1 Buy Down Program shed a little light. From my understanding its a loan that allows you to buy down your interest rate for the first two years of your mortgage. The third year your mo...
So yet another new (to me) dilemma in real estate investing. I have a mobile that I have crwated a note on and the lady has yet to miss a month. She has been late a time or two but always pays the late fee. Howe...
Hello everyone, I'm considering using a heloc for a downpayment on my first property, however every time I run the numbers through the rental property calculator, the monthly cash flow in usually under $100. I unders...
HI All,I just put in an offer for a home at $136,000. My Realtor assured me based on comps it would appraise for well over $100,000, so I signed a contingency stating I would make up the difference if it under apprai...
I made a deal with two highly motivated sellers, they're ready to go. I threw in a low number for both places and now we're moving forward. This is an incredible deal as I was able to get well below 70% and am excite...
Hey BP! Got a question for ya. Will try to be as detailed as I can be which may make this post long, but I dont like when you are asked a question but dont have all the information to give your most educated response...