If you start with SFR or Non- commercial 2-4 family or jump right into 50+.What type of a long term income stream do you want to create?

I’m training for my 22nd marathon and I read one non fiction book per week. 

Hi all,  I have a non-paying tenant who I need to evict - I'm quite anxious and would like to get this on the fast track.  

This is the message from Wells Fargo:"Purchase contract shows that buyer Nina Ibrahimbegovic (non-borrowing spouse) is the buyer’s agent and is employed by the listing agent company Charles Rutenberg Realty.

If they don't there is a risk (small, but still a risk) that they can call the loan due since a transfer of ownership occurred, violating the terms of the mortgage.If you have the money available, I would pay the $127k + $16k and keep it cleaner for you that way.I hope that helps!  

400K for a MFR is very difficult to find anywhere in the boroughs or LI unless you're paying cash and/or can deal with additional issues on the property- i.e. non-cooperative tenants, poor property condition, liens, violations, open permits, etc.Another option could be finding a partner to co-sign on the loan with you.

If so, then the title is clear, absent any local government liens.If you mean you've obtained a Quiet Title order and it is final and non-appealable (42 days after the order is entered) then the title is clear.If you mean you can't find anybody who is still alive, the title is not clear. 

Water/sewer service in my area can be liened by the jurisdiction for non-payment, so I still pay that myself, but take the past 12 months' average, knock off a small bit and add it into their lease on top of regular rent. 

Hi Jerry--If what you mean is--Are there fully amortized (non balloon) as-is Rental Property loans that have longer than a 3 year fixed period?

However, fast forward 9 months after non payments, and us filing Motions to Dismiss and Relief, we finally received a prorated lump sum towards their arrearages along with their past regular mortgage post petition P&I, as they miraculously came up with a huge payment to save them from being dismissed.