@ToRena Webb-Thomas I agree with @Karen Rittenhouse that you are failing as a Landlord.When you made an offer to purchase the property, you should have received a copy of the lease for review so you know exactly what you were buying.

Are there any recommendations for private or smaller lenders who have lower rates than what banks are offering on investment loans?

As a former lawyer for national and regional banks, it's something I had to do hundreds --- if not thousand --- of times.

If you don't have money for maintenance or don't have the team for maintenance, then you have unhappy tenants and eventually an unhappy bank account.

Hello,I'm seeking a mortgage on a property that was purchased in a recent sheriff sale, property located in Union City, NJ.I've been assured that that are local banks that will underwrite mortgages even on the basis of an external appraisal (can't get an internal one because I can't get in the property yet).Any ideas on which these "local banks" may be?

Depending on the state you are in a HELOC is a full recourse loan which means that if you fail and lose your home, they can go after you for any losses.

Think of it like a bank.

I receive lots of messages and am reached out by quite a few of out of state investors. I'm sure it is no surprise or secret that Texas is a very hot and desirable real estate market. I always do my best to provide va...

Let's say (and this is not a hypothetical) that the first time your 'go to' hands on maintenance person does a 'no call no show' when investigating a say, water rot issue where it seems like some shingles may be failing up close to the corner of a house's gutter system/etc. 

Usually this is through a down payment from you and a loan from a portfolio lending bank or private loan.