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11 December 2016 | 35 replies
Offer with contingency of an approval of the rent roll and a restatement of the employment and income.To be transparent, our prospective tenants were all m/m so it would have been easy to move any of them out with a 60day notice.If you're going to manage units, you will need time to get "some seasoning" and starting off with some NOI is better than none - - again, the TK and don't be afraid to create one for yourself.
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21 December 2015 | 10 replies
I refreshed my pre-approval to lock the rates.
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17 December 2015 | 4 replies
@Kenneth Guin, I would have thought that sub2 is the DEFAULT position when buying property, meaning that it is always understood that any pre-existing mortgage would be paid out by the Seller upon closing.
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4 September 2022 | 12 replies
It may be possible to manually pull these from municipal tax rolls.
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17 December 2015 | 1 reply
We need to get up and rolling as quickly as possible, for little to no money and without making too many mistakes.
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18 December 2015 | 4 replies
Does anyone have any suggestions on the documents I should ask for, other than rent rolls, and utility bills?
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2 January 2016 | 3 replies
I think we have a few years before the next down swing.Multi family stuff is nuts, I stopped looking at pre existing ones the prices are just silly.
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17 December 2015 | 0 replies
I thought....However, at the closing, a discussion occurred around the new financing regulations, and that checks can't be passed, so that the security deposits and prorated rent had been "rolled into" loan.
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17 December 2015 | 4 replies
@Nicole H.Hi-I'm looking at a pre-foreclosure now.
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19 December 2015 | 13 replies
If they do exercise their option, I don’t mind rolling the capital gain into another house or apartment building on a 1031 Exchange.