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All Forum Posts by: Terence Zhao

Terence Zhao has started 3 posts and replied 6 times.

Post: Advice on Property Boundary Issue

Terence ZhaoPosted
  • Investor
  • Montebello, CA
  • Posts 6
  • Votes 1

Thank you all for the replies.

Richard, do you have any advice on how to obtain an easement in Los Angeles County? I did not get a survey when I purchased the property.

Post: Advice on Property Boundary Issue

Terence ZhaoPosted
  • Investor
  • Montebello, CA
  • Posts 6
  • Votes 1

I have a home that I'm looking to add a bathroom addition. The city noticed an issue with my property boundary line - it runs partially through the northeast corner of my house and into where I'm planning to build my bathroom. I hired a surveyor to double check and he confirmed that is indeed the case. Attached will better illustrate what I'm talking about. I purchased this house 5 years ago and was not aware of this until recent. The surveyor said our neighbor's and our lot might've been one lot in the past and when they divided the lot, the boundary was not set correctly. Any recommendations on how to resolve a matter such as this? 

Post: Brown County Indiana - STR Regulations

Terence ZhaoPosted
  • Investor
  • Montebello, CA
  • Posts 6
  • Votes 1

I am researching the regulations to owning a STR in Brown County Indiana but the info. is nowhere to be found on the web. Can somebody point me in the right direction?

Post: SoFi Personal Loans for Rehab

Terence ZhaoPosted
  • Investor
  • Montebello, CA
  • Posts 6
  • Votes 1

@Anthony Hayes

Thank you Anthony

Post: SoFi Personal Loans for Rehab

Terence ZhaoPosted
  • Investor
  • Montebello, CA
  • Posts 6
  • Votes 1

@Tom S.

Thank you Tom

Post: SoFi Personal Loans for Rehab

Terence ZhaoPosted
  • Investor
  • Montebello, CA
  • Posts 6
  • Votes 1

I'm about a week away from closing on a duplex which needs about $15K worth of rehab. I'm looking into SoFi's Personal Loans to help fund the rehab. I live in CA, and this duplex is a rental (i.e, for investment purposes only).

For anybody that has used SoFi before...

Do you have to physically live in the rental property to qualify for the personal loan?

Can I add a co borrower who also lives out of state? He has his own primary residence.

I've called SoFi several times and their answers are always a bit unclear, so I'm hoping somebody has some past experience with SoFi.

Thanks!