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All Forum Posts by: Chiung-Yi Tseng

Chiung-Yi Tseng has started 2 posts and replied 2 times.

Creative Real Estate Financing

Post: Beginner friendly lenders and strategies

Chiung-Yi TsengPosted
  • Investor
  • California
  • Posts 4
  • Votes 1

I have few SFH and want to expand to MFH. I heard lenders want to see MFH experience from the applicants. How do beginners start and obtain loans? Can you recommend friendly lenders? I'm happy to start small.

1 Vote
Oakland, California
Buying & Selling Real Estate

Post: [Boston] Need help buying from annoying condo owner

Chiung-Yi TsengPosted
  • Investor
  • California
  • Posts 4
  • Votes 1

I have a condo in Boston. One of the owner is problematic emotionally, socially and financially. She has many building code violations, causes leakage to the unit below and is behind the condo fee. She refuses to talk to everyone and improve her unit. It is expensive and slow to have an attorney raise special assessment and kick out the person.

I came up with the idea: can I set up an LLC and approach her under the name of the LLC? Hopefully, she wouldn't refuse talking with the LLC, so the LLC could acquire her unit under market price, rehab and sell/keep. Can any agent help with the notorious Boston condo situation?

0 Votes