Brian Sanchez
HELOC on an investment property
I have been told banks will not provide a HELOC on a investment property. Does anyone have experience with this? I am doing a BRRRR and I’m fine with doing a CO Refi but HELOC might give me more to reinvest. Seems ban...
Dusty Cady
Buyout Private Lender Fees and get 50% Equity in home??
So I have stumbled upon a very unique deal and I would like to get some opinions on it. Here is the scenario.Investor owns a property that has an assisted living business being ran out of it. They mortgage is currentl...
Pearce G.
What is an exclusive listing worth to an agent?
Do real estate brokers ever pay sellers for exclusive listings?I ask the question, because I had a property on the market...the listing expired without selling...and now I'm getting a bunch of calls from agents who tr...
Sammy Pugh
Help bought a foreclosure
I recently bought a foreclosure at auction. Paid the deposit required and signed contract with trustee that gave me 30 days to complete payment. It has been 28 days and I went to closing yesterday. My loan officer ...
Timothy W.
They've found a use for Detroit
Don't bulldoze buildings there. Blow them up for movies!
http://www.youtube.com/watch?v=jtde8GOCbtI&playnext_from=TL&videos=-CJhrQ7XbYg&feature=grec_index
Robert Hastings
efficient heating options? philadelphia row home. i pay electric!
i purchased a home that is a rooming house. three rooms. renting for 100 per week per room. in a perfect world, with no vacancy the home will collect 1200 gross rent. i paid 17k for the house tenant occupied. low...
Account Closed
Tenant Requesting Help to Light a Pilot Light??
We have a newer tenant in a SFH who, through a series of legitimate issues that were not her fault, got into the habit of contacting us to help her with every. single. thing. The most recent is that she can't get th...
Jordan Leu
BRRRR strategy question
Hi BP - I'm a newbie investor in real estate and trying to better understand the BRRRR strategy. I watched this video from Bigger Pocket's newbie guide to BRRR investing: https://www.youtube.com/watch?v=FBci62dfqaY&am...
Al Lee
Tenant Asking for New Windows Due to Bad Air Quality
Have a SFH in California rented to tenant for 1.5 years. To ensure we get a larger pool of tenants to select from when we listed it for rent, we priced it at the lower side (slightly below) the market rate at that ti...
Robert Burns
Mobile Home Insurance Problem
I recently had damage caused by Hurricane Issac on one of my mobile homes and had Foremost Insurance come out to assess the damage and file a claim.
I was very disappointed to find out I have "loop hole" clauses in m...