BP community - I am an out of state investor considering long term rentals in the Grand Rapids area, more specifically Eastown / Midtown neighborhoods. Would any investors in the area be willing to point me in the rig...
I've been interested in real estate for a while now and I'm starting to take steps to getting started. Unfortunately I am still a student, although I have good credit my income doesn't allow me to qualify for any k...
Hello all,
My name is Mike and I am new to BP but wanted to get opinions from some of the more seasoned investors out there. My wife and I have been getting involved with real estate for a little over a year ...
Hello BP forum readers,I purchased my townhome, that I currently reside in, in a resort town in 2018 with an ex-partner. We refinanced in 2020 to a 2.75% rate, but after the cash-out refinance to pay my ex out, my ra...
If I take out a line of credit against my primary residence and lend it to someone for a fix and flip, is that considered brokering since I'm lending out someone else's money? If so, would a brokers license be required?
Hello,I want to buy a duplex in an area with strong tenant laws. Beyond carefully vetting the tenants, how can an investor protect themselves from squatters if we want to sell years down the road? Or replace a bad ten...
Example: 400,000 purchase price 80% ltv 1st mtg.= $320,00015% ltv 2nd mtg.= $60,0005% down payment= $20,000Avoids Monthly PMI payment Very strong financing program for multiple reasons
Hi guys,
This is an unusual situation. My partner built a website in 2009 and paid for a plugin that displays homes for sale in maps etc.. you know the typical exchange service that pulls homes from the MLS.
...
Hello everybody,
I am not a landlord yet, but if all goes to plan I will own a two unit upper lower in which I plan to house hack in the next couple months. As with all things in life, no matter how prepared I feel or...
Hi all, Perhaps you can help me with some next steps.I recently signed a lease agreement with a couple who have stopped responding to my texts, emails, and phone calls. This is the second month they've rented my prope...