Brandon Holley
What's the most important clauses in your rental agreement?
Hello BP,I wanted to reach out to the experts and ask, What's the most important clauses, statements, sentences, and/or paragraphs in your rental agreements/contracts?I'm currently building our rental contract in hous...
John Kim
2x FHA owner occupied (husband, wife)
My wife is in a short sale contract for a 3-unit multifamily with an FHA owner occupied loan. We do not know if or when the bank will approve this deal. I am not under this loan.We need housing soon, since our renta...
Jeff Chapz
Hola everyone.
Hello, I just signed up to BP and I'm looking forward to make new real state friends.
Dana Servin
property inspection to sell
One of my tenants in a triplex has refused to allow my agent to show the exterior of the bldg. and common outside areas to prospective buyers. No one will look in private windows or knock on doors. (There will be no ...
Daniel P Buteau
2nd Investment property
I currently house hack a three family i purchased in 2015 which allows me to live almost for free. I have built quite a bit of equity in this property but not enough to touch. I am 100% debt free minus the mortgage bu...
Derek Armstrong
REO and contingencies
Found a property that is REO. They are asking for highest and best offer by EOB Friday (tomorrow) and the property is “sold as is”Does this mean if I make an offer and it gets accepted by the bank, that I do NOT get a...
Patrick Walters
MLS Access to Investors
For Investors working with Agents to setup Auto-emails or to allow their own access to the MLS. What partnership terms do you work out.
- Investor will pay the Agents Yearly Fees for MLS acess?
- Pay a Commission t...
Aaron Smith
self direct roth IRA
Hey BPers,
My brother, @Joshua Smith thought of this tax strategy the other day, let me know what you think:
1. create a self direct roth IRA and transfer existing IRA funds to this account
2. use this account as e...
Landon Belk
Cost of making a mobile home lot
Does anyone know a rough estimate of costs to create 1 lot for a mobile home? For example, if you were buy a single family house located on fairly spacious lot, and you wanted to place a mobile home on the extra space...
Niman S.
Fannie increases limit from 4 to 10
On 3/1 Fannie will start allowing investors to hold up to 10 mortgages and get Fannie Mae backed loans. The limit had been previously reduced to 4.
They say there will be an increase in activity from investors who h...