26 February 2020 | 0 replies
Current or prior ownership of real estate: Currently own 1 rental house in Portage,IN and have only my DP in equity, 25% but comps in the area show property worth another 10K (+ the 25K down)Occupancy: 2 homes pay land lease, 4 long term renters and 5 other homes leased with an avg 90% occupancy.Value of property at present and/or your offer price: $175K list and seller is willing to leave 12K in escrow return to buyer after purchase.
28 February 2020 | 6 replies
You should review your state's rental property laws or consult an attorney.Usually the state requires a certified letter of lease non-renewal to be sent to the tenant's residence 30, 60 or 90 days prior to the ending of their lease.
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27 February 2020 | 8 replies
I've used that calculator I just didn't know if it would give me accurate numbers based on me living in it prior.
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28 February 2020 | 3 replies
@Timothy BorgIf you are going to do a refi you will need the prior seller to provide an authorization to order payoff for most lenders, or at lease provide a social security number, depending on lender.
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26 February 2020 | 4 replies
You need to find all the issues with the property prior to the due diligence expiration use them as bargaining chips.
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27 February 2020 | 4 replies
We are currently in discussions with contractors about improvements needed to her home (she has done little work on it over the past thirty years) prior to renting and are feeling totally overwhelmed.
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28 March 2020 | 6 replies
Credit is great, but self-employed net income was low prior to 2019.
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27 February 2020 | 2 replies
What if I leave a couple of days prior to closing and I don't "officially" own the home at the time that I start the trip?
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27 February 2020 | 0 replies
I decided to take matters into my own hands and purchase a list from listsource in order to create my own deal.However the list i got were SFH and now its been two weeks and they are trying to correct the issue as i wanted MULTI-FAMILY real estate.At this point I feel the world is against me and nothing is popping up on the market.And i know its a sellers marker currently but the anxiety is crazy as i need to find a place prior to my lease running out.Is there any other avenue i am not trying to create a deal or find one?
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3 March 2020 | 10 replies
@Whitney Hutten in your reply to @John Fitch you listed a few things to do prior to purchase, #2 & #4 seem to be the same, however if different would you share with us what you think is a "GOOD Policy"?