Hey guys!So, I got a lead on a house whose owner passed away (elderly gentleman) about a month ago. Drove to the house to see what condition it's in, and it's in pretty rough shape, so there's definitely a chance that...

So we have a Non Performing note in Chicago and the borrower is deceased.  

To put it bluntly they believe that as long as we are receiving rent we have little to complain about.Ontario landlords must screen very thoroughly and regrettably make decisions to reject applicants within the grey area bordering on discrimination to mitigate their risk primarily due to the governments anti landlord policies.

(we had to hire a welder in rural PA near the NY border - about 350 miles from home as the rear of the home was about 2 inches from the ground because of i-beam integrity loss!) 

Its a 4 bed room 3 miles over the Queens border into Long Island. 

What I mean by that is, if an employee was to get killed on the job, and it was the fault of a subcontractor’s negligence, the attorney for that family could easily put claim against the GC that employed the deceased (who had insurance coverage/work comp), the subcontractor who was negligent and the owner of the property.

If your SFR is on the border with an A neighborhood, you need to strive to make it more of a B neighborhood unit. 

Most DSCR lenders are now at 75% LTV with all the recent volatility, but 80% is still doable with a few of them. 80% of $90,000 is obviously $72,000, and that's right on the border of where most DSCR lenders bottom out.

Steve : Hyper inflation IS a VERY REAL CONCERN I don't remember who stated it but " Socialism is a GREAT CONCEPT until you run out of OTHER PEOPLES MONEY " Sadly look at WHAT is being TAUGHT in School Today certainlyNOT " SELF RELIANCE " OBOZO ,his Minions , the Libtards and MANY in congress are "WORTHLEES and DON"T have a clue how to ADDRESS the Problem Seal the Borders ,Send the Illegals back home .

My husband an I own a duplex right over the border in Somersworth.