So I've come across a potential deal: A duplex with one side vacant and one occupied with a Section 8 tenant. The numbers look better than average - the rent from the occupied side would completely cover the mortgage...
Anyone have any success getting around the two year rule? My wife and i rent out our house and downsized to an apartment to save for a house. We’re now ready to buy a multifamily but because our rented house will con...
I'll be closing on my first occupied property this week and wanted to check and see if anyone has any tips they could pass along. It's a duplex with one side rented.
At one point I thought I had seen a docume...
Hello All,
I am 23 years and graduated from college a couple years back. I started a very successful internet business selling electronics and I have been itching to get into real estate but ive been sidelined until ...
I'm buying my first rental property. It's the first house I'm buying. It's a duplex which has two tenants in it already.The agent says I will get the lease agreements after the seller accepts the offer and if I don't ...
ANY advice would be VERY appreciated! 2 Issues:I am in UNDERWRITING and now they are asking for CLEARED CHECKS from a private mortgage - Years of History of the Owner Cashing Multiple Checks at One Time - AND the Loan...
Right now I'm having a hard time figuring out what to look at regarding a tenants Chap 7 BK. I'm on PACE and have looked at a 'Case Summary' that shows the BK was discharged. What I'd like to see is some sense of w...
Several applicants with disclosed felony arrests and convictions have passed tenant verification checks. Tenant verification sites, which charge for nationwide criminal, income, and credit checks, are clearing these a...
If I can tell from a prospect’s initial contact that they’re not someone I want to do business with (rude, rushing me to reply, bad grammar, etc.), do I have to even reply? Is that something they could sue over? This ...
I had an applicant look at my house for rent and applied on the spot. He had a friend with him that spoke better english that actually filled out the application. He said he moved to the US a few years ago but only...