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All Forum Posts by: Pete Resendez

Pete Resendez has started 3 posts and replied 3 times.

Post: A friend's divorce mediation and a townhouse involved

Pete ResendezPosted
  • Rental Property Investor
  • Ewa Beach, HI
  • Posts 3
  • Votes 0

My friend unfortunately is going through a divorce and her mediation is happening soon. I'm a little out of the real estate learning and trying to get back into again. Is there a way to transfer the loan agreement to my name or try some owner financing/selling strategy? I'm still trying to get more info out the situation and what may be given or under her name. Does she or I call the bank to see if it's possible to transfer? If so, can you transfer without refinancing?? Very nice suburb area outside of Dallas and I'm very much ready to get in the real estate game! Looking for any help! Much appreciated!

Post: Multifamily or Duplex: Month to month tenants?

Pete ResendezPosted
  • Rental Property Investor
  • Ewa Beach, HI
  • Posts 3
  • Votes 0

I'm just getting into investing slowly and learning about multi-family and renting. Let's say I've landed a duplex property and it has month to month tenants on both sides. What would be the next strategy to move the current tenants out or have them sign a longer lease?

Thanks in advance for any responses!

Post: Driving For Dollars?

Pete ResendezPosted
  • Rental Property Investor
  • Ewa Beach, HI
  • Posts 3
  • Votes 0

With very little or no money, is it possible to start that way? What are options to start this way? I'm in Texas, DFW area, and new to all of real estate investing.