Danny Dang
HI you must be the "new landlord" Here's my list!
Hello all! I just picked my my first rental property which is a 4 plex. The old landlord told the tenants about them having a new landlord. One morning I was walking around picking up trash and looking things to make...
Jason Risley
Looking for a HELOC! Need common-sense underwriting!
My primary residence is worth between $775K and $800K. I'm a realtor so that value should be very close to accurate. I have a first loan at $384K and I'm looking to get a HELOC (home equity line of credit) for between...
Lisa A.
No Heat in Bedrooms-Michigan
I moved into a 2 bedroom house managed by a Realtor a month ago. I saw it when it was being fixed up. After I moved in, I realized there were no heating vents in the bedrooms. The Realtor seems hesitant to do anything...
Tom Shepard
Quick refinance success stories?
Trying to start out slow and steady, (and somewhat idiot proof for me) my wife and I paid cash for our first real estate investment (buy and hold) at the end of February. Our goal is to diversify some or our portfoli...
Jordan Sloan
Land Contract
I was wondering is there a way to wholesale or assign over land contracts... if so how do you go about doing it??..would it be the same as assigning a purchase agreement??
Marc M.
How do I cash out 80% of Appraised Value on a Foreclosure Rehab?
Hello,
I purchased a foreclosure property at tax sale in Michigan in July of 2012 for $88.5K, and put $80K into the renovation with cash borrowed from family members. After the renovation was finished in January I we...
Alexis S.
michigan llc
Hello I am new and want to start an llc in Michigan. I have the forms printed but have no clue what I am supposed to write in article II i want it to be a wholesale business but also will eventually buy and hold or fl...
Selina Giarla
Dipping toes into commercial multi-family - how does lending work?
I have two 3-family homes and 1 duplex, none of which trigger the commercial loan requirement. I am interested in going bigger - anywhere from 5-12 units, and anywhere from one building or multiple homes. I understand...
Cameron Price
Vent for stove necessary in rental home?
I'm getting ready to rent out a propery I rennovated. It has no vent/ hood over the stove. Is a hood necessarry? It doesnt have a exhaust fan in the bathroom either. I 'm at the property as I post this to figure out ...
Ashley Cao
HELOC for BRRRR Method
Hi fellow BP-ers!
I am a new investor looking to get your advice on my current situation:
*Paying mortgage on my residence that has about $250k in equity
*Not much cash on hand
*Interested in BRRRR method or flippi...