16 March 2017 | 4 replies
Alternatively, the first mortgage may have a due-on-sale clause, which the first lender may activate when they learn about the wrap loan, meaning the first mortgage suddenly becomes due in full without any funds available to pay it.Current law has failed to prevent these scams and make victims whole.
16 March 2017 | 1 reply
@Gabriel Floyd, you've got a few choices but none are ideal.Your gain is roughly 50K plus a lot of depreciation recapture (maybe another 40K to be recaptured).
22 March 2017 | 6 replies
Shop around .... get multiple offers and consider ALL the alternatives.
22 March 2017 | 3 replies
I know what the responsible choice is but it's just going to be a rental property so I'm sure it doesn't matter all that much.
16 March 2017 | 1 reply
If so, a conservative investment like this would be a wise choice to best weather the storm.
17 March 2017 | 11 replies
In NJ I have no choice with current tenants- they keep their pets.
23 March 2017 | 17 replies
Your choice on a second coat.
24 March 2017 | 5 replies
Adam,Sub-metering / RUBS may work on paper but you also have to consider the tenants alternatives and not just works for you.If all other similar properties in the area include utilities, then you will need to charge a lower rent and you are hoping that the tenant is willing to take on the added responsibility.
21 March 2017 | 0 replies
I definitely plan on purchasing my first multi-family(Duplex,4plex) for a good deal but it's making the right financial choice in regards to financing.
23 March 2017 | 8 replies
Hopefully you have more and better choices there in Denver.In my little area there is only 1, possibly 2 'stagers'.