Cordtz Tuatoo
Using VA loan to purchase MFH (2-4 unit) in WA State
I'm currently stationed in WA state and was thinking of using the VA loan to purchase a MFH. I was also curious if I would be able to use it again when I'm relocated in a different state? Is there a cap on what we are...
Alejandra Tapia
Refinancing an FHA 203k Loan
If I use an FHA 203k loan to purchase a home, I’m aware that I would have to occupy the home for a year prior to renting it out (generally speaking). However, I’ve read that a 203k loan can be refinanced after 6 month...
James Shahan
Accepting an EIDL loan from SBA as a Sole Proprietor (no LLC)
This is a post that details my experience with accepting an EIDL disaster loan amount above 25k where my properties are held in my personal name, no LLC. A lot of people hold properties in their personal name, includ...
Jesse Barahona
Partners on rental properties
Good evening my BP friends ! This may be a rookie question but I just want to clarify it with ya’ll, how would a rental property partnership work ? Split everything down the middle ? Cash flow, appreciation, holding c...
Christian Walker
This is a great deal but Im having a hard time finding lenders
So I am trying to buy this deal. The verbal contract is at 45k and needs about 10k in repair. The house has a back apartment. I will end up getting 2k per month from the deal but I am having a hard time finding lender...
Christina Brooks
Signed contract this morning... condemned this evening
Hi All,
I have a question that I hope you can help me with. After two weeks of back and forth negotiation with an absentee owner of an abandoned property, we came to terms that we both agree on. I signed the purcha...
Brian K
Nuisance Tenants
Well lets say I'm learning by the fire here on renting. Long story short I rented to what seemed like the perfect couple 6 months ago after going through lots of scary people. The guy checked out, girl had no job so...
Geoffrey Fellner
First Deal Questions
Hi, BP community!
I'm a definite NEWBIE! I've been a member for about a week now, and absolutely love what I've seen thusfar. I've listened to about a dozen of the podcasts, and read numerous posts in the f...
Ken D.
Help with JV partnership opportunity
Hello,We have been long time readers of the BP site and have found a wealth of information. We have a single 12 unit property which has been in the family for a while. We have taken over the business for now what is...
Dale Plant
Tenant Screening
Hello fellow Canadians I was wondering if you screen your tenants with credit and criminal record checks. If so, how do you do it or which services do you use?
If you do these checks do you charge an applicat...