Eric Mcginn
Should I offer seller financing?
4 April 2024 | 7 replies
But sellers typically prefer not to retain the buyer's contact information to facilitate a clean transition to the next transaction and avoid potential financial entanglements, It's essential for buyers to recognize that the original owner could reclaim ownership if the property was purchased from a title sale auction, with specific state regulations, such as a 2-year reclamation period in New York, Despite these factors, owner financing can benefit buyers by fostering a sense of connection with the seller.
Timothy Eaton
I REALLY SCREWED UP, HELP! 24 y/o, first property.
4 April 2024 | 32 replies
I have also told him that we would split the renovation and whatever percentage of the renovation each of us pay, then we will retain that percent in equity depending on the increase in assessed value, post renovations.
Bret Halsey
Where to find Gap Lenders?
3 April 2024 | 2 replies
Ideally I can find a debt partner who's willing to gap lend those funds for a flat rate return, since the deals cash flow very well, and I'd prefer to retain as much equity as possible.
Stella Webb
Market Leader Lead Generation?
3 April 2024 | 2 replies
Finally, 5 days after I started this process they had a sales guy call me and try to retain me.
Tom Tao
Onsite manager - Employee of Property Management Company or Owner's LLC?
3 April 2024 | 6 replies
The previous PM hired the onsite manager, and it was an employee of the previous PM.Now i plan to switch the PM and want to retain the onsite manager.
Liam Maher
BRRRR - Good Cash Flow vs No Money In Deal?
3 April 2024 | 4 replies
While opting for a smaller loan and retaining more capital in the deal can enhance your cash flow by reducing mortgage payments, it may also impede your ability to quickly expand your portfolio.Good luck on your journey,
Jack B.
Tenant has gone insane before moveout
3 April 2024 | 2 replies
Retain the Declaration of Service with a copy of the notice as proof of service of any notice served.Mailing requirements• Mailing alone is NEVER sufficient.
Ryan Burg
Real Estate "Cheat Sheet"?
3 April 2024 | 14 replies
I like it because I can save random info (that I may need sometime... or not) while I'm at my computer and have access to it on my tablet later.Although, for the purpose of really learning and retaining new things, studies have shown that writing stuff out by hand is still the best way!
Roy Mitle
Renter demand laundry and dinner payment because appliances broke
4 April 2024 | 42 replies
If the tenant retains possession of the premises they owe their rent, in full.
Patricia Steiner
Fannie Mae Introduces 5% Down Payment Option for Multifamily Homes; Owner Occupied
2 April 2024 | 10 replies
@Scott BridgehouseUnless the lender stipulates differently in their documents (like VA financing that requires owner occupany for the duration of the mortgage), 'owner occupancy' requires that you move in within 60 days and retain it as your primary residence for 12 months.