Jason Hunt
What to do: Negative cash flow rental
14 October 2018 | 9 replies
This is a tough one given your family move and situation, it might feel like a lot to take on with this added burden.
Jenny Chung
Tenant moved but won't clear out rooms, return keys, or pay
14 October 2018 | 2 replies
I'm put in a difficult situation because I cannot renovate the space until he gives back the key and he hasn't paid rent.
Mike Hoefling
Considering a Marijuana Rental, What are rents?
17 October 2018 | 23 replies
Sessions in particular is very anti MJ.I can easily see a situation where the feds crack down and civil forfeiture rules allow them to seize all the real estate involved.
Brock Bowen
Being a over the road trucker getting into REI
25 May 2020 | 9 replies
@Brock Bowen hi there I’m new to REI, and I’m in the same situation.
Sam Sareen
Commercial Real Estate in Vermont
15 October 2018 | 1 reply
Following are some details about properties: Convenient Store with gas station, car wash, office building and bottle redemption Convenient Store with DELI, bottle redemption and one 3 bedroom apartmentI am ready to hold the note on both properties for appropriate buyer.Regards,Sam
Tim Chiu
Security Deposit / Last Month Rent did not transfer at closing
14 October 2018 | 4 replies
The specific situation is that an inherited tenant moved out at the end of their lease.
Nick R.
1031 Exchange from Residential to Commerical
15 October 2018 | 6 replies
Meaning that the multifamily must go into my personal name.If I quitclaim the property to the LLC after closing escrow on a commercial loan, I have heard such action could trigger a “due on sale” clause whereby my total loan amount could become due and/or I could be required to pay a prepayment penalty.Without the LLC, my tax structure is less favorable and I am exposed to personal liability.Any guidance on this situation?
Gabriel Ehrlich
Million dollar opportunity
22 February 2019 | 38 replies
Best situation for you of course would be if the family takes a passive role and lets you make all the decisions .
Roemeo Barnette
Dual military using separate VA loans
4 November 2018 | 9 replies
My wife was also in the military so i can relate to your situation. we ended up having to owner occ our forst 4 plex under my Va loan for a year then we applied for an additional Loan for another 4 plex using her Va loan, which we currently occupy.
Alim Manji
Canada - conventional funding - beyond income ratios
28 July 2019 | 10 replies
The best thing to do would be to build a relationship with a broker that deals with credit unions, banks and private lenders to explore the best options for your situation.