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All Forum Posts by: Horacio Gutierrez

Horacio Gutierrez has started 212 posts and replied 343 times.

Post: Commercial loan for multifamily

Horacio GutierrezPosted
  • Rental Property Investor
  • Downey, CA
  • Posts 347
  • Votes 25

If you don't use a private loan and still a commercial loan. How do multifamily investors pay of there commercial loan with this kind of loan?

Post: Commercial loan for multifamily

Horacio GutierrezPosted
  • Rental Property Investor
  • Downey, CA
  • Posts 347
  • Votes 25

Hello,

Can someone explain to me the process how a commercial loan on a multifamily home is finally paid off. I know thr commercial loans are short maybe 10 years and then at years you have to pay full amount of the loan or refinance. The question how you can you pay off the loan one day if you don't have to.full amount to pay off the loan so you just keep refinancing, so.is there a point where you can pay off the loan if so how?

Post: Emotional support dog after tenant move in

Horacio GutierrezPosted
  • Rental Property Investor
  • Downey, CA
  • Posts 347
  • Votes 25

Hello,

If my rental contract said no dogs allowed which tenant agreed to and later on a few months after the tenant moved in decides to get a emotional support dog because of the coronavirus, can they do that?

Post: Loan for primary residence

Horacio GutierrezPosted
  • Rental Property Investor
  • Downey, CA
  • Posts 347
  • Votes 25

Thanks

Post: Loan for primary residence

Horacio GutierrezPosted
  • Rental Property Investor
  • Downey, CA
  • Posts 347
  • Votes 25

So Andrew if I live in the second home is not consider a second mortgage I can get conventional loan for 5% down?

Post: Loan for primary residence

Horacio GutierrezPosted
  • Rental Property Investor
  • Downey, CA
  • Posts 347
  • Votes 25

Hello,

If I lived in my primary

residence after 2 years and then I decide to rent that home and buy another home as my primary residence can my down payment on conventional loan still be like 3.5% or will be 20%?

Post: Current tenant under landlord

Horacio GutierrezPosted
  • Rental Property Investor
  • Downey, CA
  • Posts 347
  • Votes 25

Hello,

If a new landlord buys a property with current tenants are those current tenants consider new tenant under new landlord in regards to the California bill 1482 or not consider new tenants?

Thanks,

Post: Property manager contract

Horacio GutierrezPosted
  • Rental Property Investor
  • Downey, CA
  • Posts 347
  • Votes 25

Thanks, appreciate the input.

Post: Property manager contract

Horacio GutierrezPosted
  • Rental Property Investor
  • Downey, CA
  • Posts 347
  • Votes 25

In a month to month rental contract does current landlord have to give a written notice to the tenant that a new rental contract will take effect?

Post: Property manager contract

Horacio GutierrezPosted
  • Rental Property Investor
  • Downey, CA
  • Posts 347
  • Votes 25

When the current rental contract expires the property manager can the use his new rental contract?