I bought a fourplex in Dec.2013 for 100,000 and put 20,000$ down. I obtained a private mortgage @ 10% for 80,000$. My building later appraissed for 183,000$. I have a 5yr term with the private lender that really...
Hi Everyone. I'm a newbie with a question that I've been grappling with. I've got the feeling that that there is a distinction between hard money lenders and private money lenders. But I can't seem to put my...
Hi all,For those of you who own a rental property in Philadelphia, if you self-manage the property and do not have a property manager, how do you deal with the local agent address requirement?Specifically, I'm referri...
Hi, just a potential new investor here.
I'm doing some property research and I notice a LOT of the sellers in off-market list as cash buyers only. I'm trying to understand what that is and why it matters so much.
I...
BP, I have an issue that I wanted to share with the network to gather some advice. I have a tenant who is several months behind and I would like to get her out of my place ASAP. Should I get an attorney involved? What...
Need about estimate of 10K to finish my reno. Can you get a home improveement loan on a house with no first mortgage? Even for a non owner occupied? How do you find private lenders?
I had a tenant move in a couple months back and seemed like a good tenant. Didn't have an issue supplying the deposit and 1st months rent of 1,700 each. However, for rent due on the 1st of May they were not only lat...
Hi Everyone, So, unfortunately, I'm in a situation where I need to prepare a notice to quit. I was able to get a properly worded copy. My questions are the following if anyone can help. I prefer not to go to the prope...
If you have not heard about the new ordinance that passed you can read more about it at the link below. In my opinion this is a huge hit to private property rights. For property owners in the below map area you now ha...
Hey!
Just curious if just like investment companies partner up on syndication deal, one brings the deal, the other the capital, the other one secures the loan, etc. Do developers do that also? Meaning, is it common t...