Ernesto Maturrano
Cash Out Refinance on Owner Occupied 2-flat in Chicago
Hi All,I was hoping someone in the BP community knows about any portfolio mortgage programs that offers a 80% LTV cash out refinance on an owner-occupied 2-flat building in Chicago. Here's the situation: I bought th...
Evan R Wright
Approaching owner about a lease option as a current tennant
I am currently renting a 4b 2ba, and a property management company is handling all the management on the house for the owner. Im interested in talking to the home owner if they would be open to turning our contract in...
Keith A.
for rent by owner - pay Realtor commission for an applicant?
Hi Friends,What is common practice if you list your own house for rent and an applicant is sent to you by a Realtor? What if an applicant doesn't say they are working with a Realtor but one contacts you after the lea...
Jackie P.
IL Deceased Owners Heirs Will Sell Pre-foreclosure CO Property
Summary:
1. Owners: Husband died in Jan 2021 in CO, wife in Jan 2022 in IL. Neither had wills.
2. Heirs: One son and one stepson, both are willing to sell to me.
3. Currently not in probate. 4, Foreclosure auct...
Kyle Seidel
Tax Implications for Moving out of My Owner-Occupied Duplex
I currently live in an owner-occupied duplex and will be moving out next year and then renting my side. I have some questions and am double checking what my accountant has done so far.1. My side is 3 bedrooms. I have ...
Michael Gayer Jr
On an MLS listing, can you advertise Owner Financing option?
Total Newbie Question ...On an MLS listing, can you advertise Owner Financing option? Will the Realtor & Broker be out of the equation if a Buyer wants Owner Financing instead of a Retail Sale?Will the Realtor ma...
Jim Kozlowski
Purchase options when owner wants payment delayed to accommodate 1031
I have an opportunity to purchase 2-3 SFRs but the owner has not located a suitable property to utilize 1031. My goal is to take ownership of these 3, do updates and get them rented. I'd like to get some options/tech...
Amy Kim
FHA loan-how to prove owners live in the unit
Hello guys, I am a newbie to BP world. I was wondering how mortgage people know the owner is living in the unit? I know when we do FHA loan, the owner has to live at least a year. update- problem solvedhttps://www.big...
Chris Winterhalter
All you flat roof owners - Elastomeric or fibered roof coating?
I just purchased a 20 unit building and need to repair and coat the flat roof. I've used elastomeric coatings before and have been happy with the results. However I have a few roofers stating that fibered roof coati...
Stuart Johnson
Tenants Facing Eviction From Current Owner- Tight Scheduling- Need Advice
So I am buying my first house here in Charlotte and plan to provide a basic fix-up over my first year, renovate the detached garage that's been converted to an apartment already, rent that out while I continue on the ...