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Hello all! I am hoping for a good reference or two on lenders that would be willing to work with me on this deal:5plex of residential units. Seller wants to move it quickly, so he will provide my 20% down money by bo...
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Hi BP Fam!I purchase a property through the NACA program and so far it has $150K in equity.Since I can’t get a HELOC with a NACA loan I’m wondering if there are other ways to use this equity for more investments.NOTE:...
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We are negotiating with seller's counsel on closing costs. They are saying the purchaser pays the premium for the issuance of the title policy, including cost of title search and recordation of title documents. I know...
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Now that our banks have all but devolved into GSE conduits I was wondering what the consensus is for the fairness of selling homes with loans on them when interest rates drop.
It is just for the banks to deploy the...
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As the topic of rent control seems to be coming back to the Alberta news I figured I would share some of my thoughts on the topic. The idea of rent control is obviously very appealing to tenant that see this as a so...
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My wife and I are looking at buying a new home in the next 6 months to a year. My question is, am I able to rent out our current home under the original mortgage, but still obtain a new mortgage for the new home?
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Has anyone heard of Blue Moon Capital? I had an interesting conversation with a gentleman from this organization that was pushing turnkey rehabbed properties to investors. He sent me the following attachments which I ...
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Morning!
Just closed a triplex and found that there is a section 8 tenant (undisclosed by seller) whose rent hasn't been raised in ten years. Current $800 and HUD's fair market for our city is $1574! Any advice for w...
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Since my first deal fell through b/c the seller caved and told me he was taking his property off the market when I questioned him with a few things brought up by you guys, I'm now a firm believer in most of the advice...