What do you guys normally do if a tenant moves in without a pet but then they want to get one later. What kind of pet deposit is fair these days and is it fair to ask for more rent per month and how much? I know eve...
Curious what kind of rates hard and private lenders are offering near you? I am in Boston area- have heard some crazy hard money terms out there recently- 25% down, 5 points, 15% interest. That's an extreme though, I ...
Hello,
I am looking to get financing on my first deal. I am looking at purchasing a multi-family apartment (max of 4 unit) through the FHA program.
I am 22 and self-employed. My gross income is a lot higher than my ...
"The WealthLoop Series Beginner's Guide to Building Wealth Buying Houses: The Foolproof Roadmap to Real Estate Riches Without the Risks and Hassles of Landlording"
I like this book alot.
The general overview was a b...
Hey everyone! I need some help! I have a house in Sherman Texas under contract. We're scheduled to close July 2nd. We are going through Wildcat lending for our hard money lender. I was under the impression that we pay...
I found a small apartment building. I can afford the purchase but the building requires full rehab (can't afford to spend the money and not have something coming in for 8 months). I ran into a contractor who has the...
Ok... so I've been involved in Lease Options for a little while now but I still have yet to find a good solution to closing a Sandwich Lease Option (SLO). I have a TB who looks like he's going to qualify for a mortgag...
Hello, fellow private lenders:
How do you treat the profit split at the back end? My broker said it would be treated as interest income. That means I have to pay additional 3.8% net investment income this year. If I ...
I have a tenant that lived at one of my apartments for 2 years. She was a single parent working a job and going to school. She struggled to pay her rent on time. She would get financial support for her schooling. She ...
How does one arrange financing for buying foreclosed/pre-foreclosure properties that are being auctioned? I always assumed you needed cash on hand, but can they be bought with some kind of mortgage?