Chad Wales
Large family, small rental
Hello,I have a rental in Chicago that is 1400sq/ft, 3 bedroom and 1 bathroom. I have had a family of 7 (6 adults and 1 child) submit an application. To me, it seems as if they would be uncomfortable living in such sma...
Account Closed
Trading my homes equity for your Hard money
Hey there BP community,Christian here, Quick Question. Can you use your personal homes equity as "skin in the game" in a hard money loan?I have been trying to improve my credit to a point where i can get the equity ou...
Anthony S.
Applying for credit cards
Having gone without credit cards for the past 5 years - following a bankruptcy - I need to obtain a couple credit cards in order to facilitate bidding on foreclosure auctions. According to Credit Karma my credit scor...
Bobby Holley
Buyer Found At Open House
My wife and I recently showed up at an open house the same time as another family. I found out that the family loves the neighborhood and they love the schools that feed that neighborhood. Their purchasing budget is...
Michael H.
Anybody here on BP actually running an ACT 20 Business in PR now?
So I was watching a presentation by Kevane Grant Thornton last night on Act 20. My understanding is that Act 20 has recently been amended by the law makers to eliminate the 5 employee requirement to attract more small...
Bradley N.
Legality of Offering more EMD Money than a Seller Asks for?
I just purchased some real estate. When I made my first offer, the person helping me said the seller needed X amount of dollars for EMD. The seller responded with a counter-offer and we finally came to an agreement on...
Darius Nunez
Cashflowing SMF properties!
As an out of state investor living in NY; where are the cash flowing markets to focus on during these unprecedented times??? Currently have a SF rental under section 8 in AL and a triplex in MI fully occupied! Time to...
Derek Luttrell
TIme between readiness and first deal?
Hi All, I am 25. My first post on BP was six months ago. I closed on my primary 3/2 and rented out the other 2 rooms to roommates 4 months ago (before which I was paying $1000/month for downtown Chicago rent). In thos...
Cathy Alvarado
Church wants to rent my apartment
A church wants to rent out my apartment, What does the application process look like in that case as well as the contract?
David A.
Property Virgins show
I am watching Property Virgins on the HGtV channel and I'm a amazed by how affordable these huge houses in Atlanta are. I enjoy this show because you get a good perspective of what kind of property a retail buyer wan...