Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 2 years ago on . Most recent reply
What to do with vandalized owner occupied property
What to do with a property that’s been vandalized by a family member. I can’t afford to repair it. Two family home in Massachusetts. Running a Mid term rental on first floor, which is furnished. Midterm rental guests witnessed property damage. Damage done to second floor and all around the house. May not be able to have mid term rental guests for a while due to need for cleanup. Would like to know if any creative investing advice, or is selling the best bet. If selling best option which route would provide most money?
Most Popular Reply
Quote from @Kerry Noble Jr:
can you take a 2nd mortgage out or a heloc?
I could ask my bank I will check with them to see if this is an option. These damages will really put me under. I will see if these are options for me. Thankyou @Kerry Noble Jr.