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10 October 2016 | 10 replies
From my experience, you may have some difficulty with insurance.
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3 April 2022 | 10 replies
Or, since they are good tenants and you don't want to play hardball, tell them that if they are not out by the end of March, then they will have to pay the month-to-month increase of 25% to compensate you for the pending difficulties when they do leave.When leases end, I give tenants three options: extend for a year at $XXXX, continue on a month-to-month basis at the yearly rate + 25%, or move out.
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10 December 2023 | 289 replies
For such a smart person I'm not sure why basic elementary level reading is so difficult. I
17 January 2014 | 93 replies
(Im actually doing it right now) But this thread is intended for the brand new investor, who has never done a deal, nor has created relationships with pocket buyers yet.Some have difficulty determining price on offers and its just an additional safety net.
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23 January 2013 | 47 replies
Had difficulty financing the property honestly and got lucky it worked out but no risk no gain I suppose.I refinanced the deal about 18-months later to decrease my rate by 2.75%, set-up a HELOC, and ultimately build a working relationship with a local bank.
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27 November 2013 | 40 replies
I don't know if you can find FHA or conventional lenders who'd be willing to finance a wholesaled property (actually, I know that in generally they won't), so the buyer will either need cash, private money or perhaps a portfolio loan from a commercial bank.But, if you can get past the financing difficulties, the mechanics are the same as with any other wholesale deal.
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10 December 2022 | 10 replies
You'll have difficulty finding a lender willing to offer a line of credit on any property as a second lien on the property (the first one being your primary mortgage).
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7 December 2015 | 23 replies
This too adds a layer of difficulty for a private lender.
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27 April 2010 | 27 replies
Not enuff time to list all the problems, expenses and difficulties caused my the illegal immigration.
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2 March 2012 | 7 replies
In my area finding conventional financing for land purchases is very difficult. I