Brandon Hall
Cash Gift From Parents Can't Be Used for Investment Purchase?
Hey Folks,I'm in the market for my first property (investment and otherwise) and was on the phone with a loan officer earlier today. The original plan was that my parents would match my cash contribution and classify ...
Bryan Hancock
Mark Torok Subject-To Stance
Has anyone reviewed Mark Torok's "program" for taking title subject-to? I know that this mostly ties in with Phill Grove's AMPS program, but some of the folks I have talked with recently recommend it for informing th...
McKenzie Peterson
Mobile Home Investing
I just purchased some property where there are an abundance of mobile homes. Does anyone have any advice on whether turning the area into a mobile home park or just trying to put a few units on the property would be b...
Daniel Karbownik
Purchasing with no money down when the seller has 100% equity
So I'm looking for some advice on how to negotiate this deal. I have come across a seller who has no mortgage on their investment property, lives over 2 hours away from the property, and is fed up with renting, and j...
David McCracken
Applicant with low credit score but stable high paying job
I have an applicant interested in one of the flats in my duplex, who has a stable job as an engineer at a large company and makes over 70k a year. However his credit score is quite low (around 550), and it shows he ha...
Bob Asad
How do you prevent co-mingling of funds?
If I have 2 rental properties and charging 1st, last, and security; can I take the last and security for both places (combined) and put them into a Bank of America savings account?In other words, I already have a chec...
Lee Behr
Live Auctions Help
Hello Everyone, I want to begin bidding on live auctions but I am completely new to this. I usually get my deals off of the MLS because I am a real estate agent, but the deals are drying up fast. How do I do my due di...
Irina Shetty
Rehab Cost Estimate- too high?
All, I got below quote from a contractor and it is much higher than expected. Would anyone be able to say, which components are overpriced? This is for a rehab outside of Columbus, OH. Any help is appreciated. Irina
Josh Chappell
Finding a fixed 30 year in Oklahoma
I currently have a few SFR's and MultiFamilies and have them all on commercial loans from 5-6% interest / 20 year / adjust every 5 years. I have contacted my lender and a few others that are local and am having a har...
Cristian Aviles-Morales
[Calc Review] Help me analyze this deal
Hi BP,I have found a Condo that I am analyzing. But maybe I'm using the calculator wrong? The listing price they want for it is $180,000. If they're willing and accept my offer of $150,000, I'll have a cash flowing pr...