Ann N.
why would an owner take 2nd position when offering seller finance
6 September 2018 | 4 replies
if private money forecloses due to non payment... forgive my naivety.
Justin H.
Young, Dumb, and Broke
9 September 2018 | 2 replies
If using a lender this is a non issue.
Tosin Oluwatoye
First year inspection exercise
5 September 2018 | 5 replies
If you want to keep the tenant, tell them that things need to be cleaner, and advise them to buy poison or something for the mice... then reinspect.... maybe every other month for a while.If you don't want to keep them, give them a termination letter with proper notice.
Steve S.
House Hacking - Can I do this with an FHA loan???
5 September 2018 | 2 replies
Non-occupied conventional loans will typically require 25% down.Again. discuss this with your lender and be honest about your intentions...they may have a work-around.
Jason L.
Is this refinance rate too high?
12 September 2018 | 36 replies
Lenders know this, so rates on non owner-occupied loans are higher than primary residences or second homes.
Jorge Barboza Jr.
Buying a Small Apartment and Have Questions
6 September 2018 | 9 replies
If one partner puts in more money than the other, you could change ownership interests, you could treat it as a loan, you could reduce income/profits from the non-contributing partner until the contributing partner is paid, etc.You will want to discuss with each other who will be doing what management functions and whether that is worth anything to you both.
Ryan P.
If you had 250k in cash to invest in real estate....
8 September 2018 | 30 replies
Even non-recourse debt still leaves the asset at risk if you're dealing with an inexperienced or unknown syndicator/sponsor.
Koby Lund Carter
Are tiny Home rentals a bad idea?
7 June 2019 | 8 replies
Now the growth of the base up there and housing shortages you may have some long term/ “off season” (non-summer) options, that wouldn’t been a bad thing but w the harsh winters, and likelyhood of cabin fever, is think your market is extremely small and even then, my requirements and checks would wipe out most of those interested.I wouldn’t waste my VA on it though.
Sandeep Pai
Does having a property manager make RE investment truly passive?
21 May 2019 | 9 replies
Yes I do realize I still need to manage all the non PM parts and those are actually the aspects I enjoy more.. just wondering what renter interaction will I need to do as a landlord, even after shelling out for PM.
David Cramer
Can land evect you with a lease for one year. For suspected drug
21 May 2019 | 3 replies
If there a "Legal Aid" non-profit group in your area maybe you could contact them for free help or contact a lawyer.In my State, I believe I could evict for illegal activity because my lease says that I can.One of the problems with illegal drugs is that the landlord could lose his property if someone is dealing there which is unfair, in my opinion, to the landlord.