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All Forum Posts by: Gregory Washington

Gregory Washington has started 5 posts and replied 30 times.

My mom passed in January. I am looking for a lender who can help me buy out my siblings. We will get roughly 65k each but the banks and underwriters are in the way! Any suggestions? 

Post: I have a tenant who is living rent free

Gregory WashingtonPosted
  • San lorenzo, CA
  • Posts 30
  • Votes 36

The tenant has expressed interest in buying the property. LOL man. I’m actually considering it

Post: I have a tenant who is living rent free

Gregory WashingtonPosted
  • San lorenzo, CA
  • Posts 30
  • Votes 36

Thanks to all who responded. I will Sell this head ache of a home. I’ll tell the tenant to leave. Then sell it to the highest bidder

Post: I have a tenant who is living rent free

Gregory WashingtonPosted
  • San lorenzo, CA
  • Posts 30
  • Votes 36

Thanks for the feedback everyone. The squatter is willing to leave at anytime. Do they need to leave before i sell it?

Post: I have a tenant who is living rent free

Gregory WashingtonPosted
  • San lorenzo, CA
  • Posts 30
  • Votes 36

My PM left me high and dry with a tenant in place still. They havent paid rent in 10 months. The home is in Jax Florida in a D neighborhood. Pms dont wanna work there. What do I do? 

I agree. The security is everything!

Post: First investment renovated and rented!

Gregory WashingtonPosted
  • San lorenzo, CA
  • Posts 30
  • Votes 36

As long as it appraises for more than 75k, you can get a cash out refi but otherwise you couldn’t. It mostly depends on the bank

Post: Buying First Property in East Oakland

Gregory WashingtonPosted
  • San lorenzo, CA
  • Posts 30
  • Votes 36

I’m pretty sure you’ll be okay safety wise if you tend to MYOB. Get in good with your neighbors and you will be untouchable I assure you. The only thing you have to worry about is car break ins. Also you should never appear to be well off. Live humbly and simple, get in good with neighbors, be cool and you’re in a safe zone.

Post: Starting Out - Spouse NOT on board. What do I do? HELP!

Gregory WashingtonPosted
  • San lorenzo, CA
  • Posts 30
  • Votes 36

You should invest on a much lower form. Show your spouse how beneficial it is to invest in general. Also, show her some of the videos or podcasts that you listen to

Never good to invest in negative cash flow. Ever