That doesn’t even begin to touch on the other options; notes, syndications, trailer parks, self-storage, industrial units, retail..It can get overwhelming.

It sounds like the tenants have already self-selected that building, so it may not be feasible to change tenant type now.

-The house Is in New York has- he has a fire extinguisher company and won't list it because he actually services many of the real estate companies and is afraid to favor one or the other and inturn lose a client- he has nine houses in Pennsylvania - original loan was 660k 760k if I remember correctly - has paid 250k- has all floors ( basement, 1st and 2nd) rented only top floor has a lease total rent colle is 5500- supposed market value is 1.1 million - he's willing to take 960k- might be open to terms since he's already renting.As long as he keeps the title-sounds like the house doesn't need many repairs but i have a friend that is a contractor and he can Help me assess any repairs Hes a savvy new yorker so  I rather give him options instead of just 1 cash offerCan anyone help me figure this out ?

Hi everyone, I have invested in NPLs and have a self built ROI calculator.

Mine is in the mid-600's and I'm self-employed, so I figured it's just easier to put her name on everything to get the lowest interest rate for the investment.Turns out I can't gift the funds to my wife for the Down Payment?

I had exactly the same situation few years back with my tenant in folsom. made  us pay for hotel stay in marriott when hvac went out . i was self managing and he was far away so agreed as he had a 2 yr kid but they remained a pain. later i decided to get a PM and got them vacated right away. no tenant issues since. 

Because the changes couldn't be approved, we weren't able to satisfy the self-sufficiency FHA requirement for a 3-unit property.

Do you self manage or hire out for your small complexes?

In my opinion, the private flood options rate maps are more accurate at assessing the “true risk” and associating a premium with it.That being said if your property is in an X-flood zone (those not required by lenders to have flood insurance) then the government policy (which is subsidized) is a no-brainer you get great coverage at a low cost. 

Just returned from Afghanistan in April, and I spent some of my time over there self-educating through BP and books.