Don Frost
Should I require lien waivers from both General Contractor & Subcontractors?
When flipping a house and using the services of a General Contractor, should I have both the GC and every subcontractor working for the GC sign lien waivers? Also, should I require them to sign an unconditional waiver...
Derrick Blackwell
Keep as rental vs sell home in Jack Britt district.
I have a 2,500 sqft home in Fayetteville NC valued around 315K, 4 bedroom 2 1/2 bath 1/2 acre. Built in 1989, located in a desirable neighborhood. The house needs some rehab I'm guessing $25-30K in rehab expense to b...
Ryan Keenan
Personal line of credit and creative finance
Hello BP, is there any problems with taking a personal line of credit out and seasoning it in your bank account for a few months then using it for a down payment and rehab?
Example : I take 50k out on a personal line...
Gregory Hunt
New Cash Out Refinance Requirements
Hello there! Could someone give me a little more color on the new Fannie Mae guidelines for initiating a cash out refinance? Would love any thoughts around how BRRRR strategies are changing with this new update! https...
Jaclyn McClure
Foreign Partner or Investor
Hi! I am new to BP and fairly new to real estate stuff. My husband bought a condo in LA right at the top of the market and then after we got married it crashed down to less than half of what he owed. Work moved us out...
Zach Adams
Changing PM is going to be expensive
Good morning BP Nation - I'll try to be succinct with this post. I'm changing PMs because I'm incurring non-stop maintenance and have had issues with tenant turnover, and a decrease in quality of tenants. My current...
David Stott
Doug Hirt in Rochester NY
Hello all in Rochester, NY who are interested in getting justice in the form of prosecution of Doug Hirt.The Asst. DA is interested in hearing from victims of his scam. They have asked that I gather names. If you w...
Marc Jackson
Which rental property should I pay off first?
I have 3 rental properties and trying to figure out which one I should pay off first. I want to accelerate the pay off and put any extra amount all towards one. Trying to figure out which makes the most sense. Can...
Jon LaBorde
How does Subject too benefit the seller?
I’ve been researching subject tos and I just just wondering, does subject to benefit the seller in anyway other than getting the mortgage liability away from them? The way I heard it explained is that you take over th...
Bryce Jamison
New Late Fees Every Month During an Eviction?
During an eviction do tenants keep incurring late fees on future months of missed rent?