All Forum Posts by: Arthur Kraamwinkel

Consider the long term gain of increased rent and pet rent and less wear and tear with a better tenant and the immediate costs of rehabbing and eviction and you may be better of with a new tenant. Doing the math on this one can help you making the decision. Perhaps you can buy the other duplex and replace the tenants there as well.

Check with your bank. I checked with mine on the same issue and they told me it is very unlikely that they would do such a thing as long as I can prove that I can pay my mortgages.

Well done, looks beautiful and good for you getting started!

Thanks again, everyone. This has been awesome advice.

Oh, I guess that won't work. You can message me on facebook, there is only one with a name like me out there.

Hi Brian, that would be cool. If you send me a PM we can send something up.

How do you check out buyers credentials?

That is exactly what I did and they walked. If I pay the closing I take a $2250 loss. I just accepted their offer, lets see if they still are taking it. I had the feeling it was a stretch for them, however they gave me a pre-qual letter, but no amount.

OK thanks guys, that was very helpful. I am going to accept.