All Forum Posts by: Afia Amponsah

Hi,

This is my first time selecting a tenant,so all help is greatly appreciated.

I have an applicant for a house in Clifton heights, Delaware county. She wants to use section 8. I'm currently trying to speak to her previous landlord to verify her background. I called the number she gave me and it sounded like a regular person. I looked her up and it looks like she just gave me her colleague to tell me whatever I want to hear.

i looked up ownership of her current address, and it seems her current address is owned by the housing authority. She has lived there since 2018. How do I verify that she isn't delinquent on rent or any such issues? Will the housing authority give me any such information.

Any help is greatly appreciated.

Thank you.

@Karen JohnsonThanx, I'm going to join HAPCO right away. I appreciate your help.

@Nathan GesnerOh now I get it! Thank you so much for clarifying.

@Nathan GesnerThanx for the response! So I have to renew the rental license and get a certificate of rental suitability too? So much to learn.

Hi, I'm trying to renew my rental license for a Philadelphia duplex that I also live in. And the eclipse website is asking me to get a notarized affidavit stating that one unit is being occupied by me. I just started being a landlord 2yrs ago and I don't remember having to do that when I renewed the rental license last year. 

Is this a new requirement or am I missing something?

Also do I need to get a new certificate of rental suitability everytime I renew a lease?

Thank you for your help

I recommend Fuller electric 2674037287

Hi,

i'm not flipping, but I'm starting a rehab in Delaware county. Would love to connect!

I currently own a 2-bedroom townhouse in Clifton Heights, Delaware county pa. I have no mortgage on it. I also own a duplex in philadelphia that I bought in November 2020, current balance $296,500 that I live in with a monthly total payment of $1856 including tax and all. Interest rate on duplex is 3.0% FHA. I put down 5% when I got it I live in the 2nd floor 3-bedroom unit of the duplex. And the first floor 2-bedroom unit is rented out at $1,000 a month. If I moved out,the 3-bedroom I am in would rent for about$1200. I want to lower my monthly payment on the duplex. So I wanted to pull cash out of the townhouse to refinance the duplex to lower the monthly payment.

I spoke to a lender and was told I would have to do a comment mortgage on the townhouse at 15yrs at 4.4% with a monthly payment of a little over $800.

and after refinance, my duplex rate would be about $1500. Tax on the duplex is about$3000.

If you were in my shoes, would you do it,or what do you think I should be doing? Any ideas or suggestions on a better lender or what to do would be appreciated!

I dont know enough about RE yet to analyse,but I see you thought it out really well.And that is something I know is very important in RE!