In the process of getting prequalified for a FHA loan and I've been talking back and forth with a real estate agent (known her since I was a kid). I asked her how much usually is closing cost and she said 6%. Is this ...
I am planning to secure my first DSCR loan. I have a property in mind that is 350k. The lender sent me the following options (attached photo). I am a little bit confused on why the monthly payment is so little? For ...
Dear Landlords - Hoping to get your suggestions and advice on this...We have recently sold our home to our tenants 2 months ago. The tenants have been renting this home for the past 3 years. We've agreed to a 3 month...
I have a duplex and the tenant has a broken faucet. The sprayed handle is detached from the hose - I want to deduct it from the security deposit, but how do I know this is not considered normal wear and tear ?
Is a malfunctioning bathtub drain stopper switch normal wear and tear or property damage under broken fixture?It's a shared bath so harder to point fingure at one tenant. It's also an old house I purchased a year ago ...
I'm starting to work with property managers and I'm wondering what is normal for fees?
Hey there! Anyone doing student rentals in Normal/Bloomington Illinois right now?
Hi BP agents,I'm looking at the possibility of investing in Bloomington / Normal / Central, IL. Does anyone have a recommendation for someone who knows the area well and familiar with cash flow investing? Best regar...
What constitutes normal wear and tear? What would be beyond wear and tear for a nearly 5 year long tenant? Several parts of the new fridge (at move in) have been broken. Floor is ruined where front door leaked for a l...
What are the normal non-owner occupied mortgage rates? Are they about the same as owner occupied?