April L. Williams
Wholesaler Purchase Agreement: Which Seller Can Legally Sign?
21 November 2020 | 16 replies
I guess what I'm asking is do I need to be concerned, as a wholesaler, with acquiring the signatures of all the heirs to this property when putting it under contract in order to keep myself out of hot water, and/or creating unnecessary messy situations for my end buyer??
Michael Ehrmann
How old is too old when the COC is over 12%
19 November 2020 | 6 replies
Also make sure to budget for some preventative maintenance (this isn't just for older homes), driveways, roofs, hot water heaters, furnaces, and AC's all go bad even in much newer homes.
Oke Tammik
Foreclosures increase? How?
29 December 2020 | 31 replies
Take a look at the link; I think this will prevent most foreclosures which would otherwise come into fruition, so I actually would not bet on a mass foreclosure problem in the government backed loan market.
Lloyd Son
Is it a waste of money to Purchase Insurance for Rental Property?
4 December 2020 | 19 replies
In some cases it can prevent you from catastrophic loss but for some cases people may only want cash value or functional replacement value.
Mateusz Piasta
Purchasing a duplex in PA with tenants under market
21 November 2020 | 1 reply
Can the current moratorium prevent them from moving if I as new owner want to move into a unit?
Lawrence Paul
4th Property - Pay off or wait 2 years?
24 November 2020 | 9 replies
If you have 5 to 10 homes in your portfolio, it is possible to get a mortgage, but it can be difficult.In 2009, Fannie Mae increased the maximum financed-property limit from four to ten.Most banks won’t offer a 5-to-10 properties mortgage because the process of underwriting the investor’s mortgage application can be very hard work.To finance a home via Fannie Mae’s 5-1o Properties program, there are many criteria that must be met, including a minimum credit score of 720, substantial down payment requirements (for purchasing) and equity (for refinancing), no bankruptcies or foreclosures in the past 7 years, and more.Real estate investor mortgagesIn 2009, Fannie Mae rolled back a mortgage rule that prevented real estate investors from financing more than 4 properties at once.At the time, investors were limited to 4 properties financed, which included their primary residence.Today, the maximum number of allowable, simultaneously financed properties is 10.
Sean Cina
NJ Tenant Behind in Rent
22 November 2020 | 3 replies
. $100 a week is not too much to ask, it shows she's making an effort, and it prevents her from getting too far behind in rent.
Michael Gabin
Tenants not using individual garbage
22 November 2020 | 16 replies
It also prevents one tenant from filling every can; if it doesn't fit in their own can then they will have to dispose of it somewhere else.Just a few examples.
Jeremy VanDolder
Lease agreement Ontario
23 November 2020 | 2 replies
I’m just looking for some things I should add to this agreement.... what are some problems you have had in the past that I can add to my lease to prevent them from happening again.
Tammy Mason
Replaced Refrigerator by tenant without notice
26 November 2020 | 13 replies
That tube can be covered by food or ice, preventing the water from draining.