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All Forum Posts by: Russell Schwartz

Russell Schwartz has started 3 posts and replied 3 times.

I have an opportunity to purchase a property with existing tenants who rent on a month-to-month basis. I intend to hold the property as a rental but wanted to do renovations to upgrade the quality of the space (it needs TLC). Ideally, I do not want to keep the existing tenants and wanted to know what options I have to not renew the lease. I also had concerns that the tenants would not leave, given the current extension of the eviction moratorium. I know technically its not an eviction but I do not how where not renewing a month-to-month lease fits into the regulatory landscape.

Newbie RE Investor here!!

I am analyzing deals and had a question for a more seasoned investor about down payments. I have funds I could access through a HELOC on my primary residence to cover a down payment. I was wondering if that was a better option than hard money. I am guessing the decision boils down to short term interest rates vs impact to credit score. Looking for some direction and wisdom of the crowd.

Post: Finding Deals - happyinvester.com

Russell SchwartzPosted
  • charlotte, NC
  • Posts 3
  • Votes 0

I am getting motivated to buy my first investment property.  I experience in renovated houses I have purchased in the past, but never a true investment property.  I am trying to find wholesalers in my area and came across a website called happyinvestor.com.  I like that it seems to already do some analysis (but would still run my own) and wants to get sense if this is a legitimate site to source properties or should I move on. Ideally, I would like to talk to some wholesalers to find properties.