Kevin Kim
My offer accepted but Eviction Process is being going on MF
HelloMy offer was accepted for 6 units MF home in CT. This home looks good for cash flow. I am about to start process. One question is among 6 unit, one unit is being eviction process. I asked my agent that i want to ...
Cole Stokes
Wood floors squeak with nearly every step. Fix/tear-out/accept?
So I bought a 100 year old house that I'd like to eventually rent out, but living in there now. It has these kind of rough looking floors that I think are salvageable with a good resurfacing but they squeak almost wit...
Guido Kaelin
Know any lender that accepts seller as a 2nd lien holder?
Does anyone know a lender that will accept a 2nd lien holder on the contract? I'm looking to find financing for a commercial 6 unit building in North New Jersey. The seller is willing to finance as a 2nd lien holder; ...
Andrew Martin
FHA has not accepted my loan for FHA insurance post closing
Hi Everyone,I recently purchased a home with an FHA mortgage, after closing I received a letter from my lender that the FHA has not accepted my loan for FHA insurance and now my loan is no longer an FHA loan. How is t...
Jeffrey Veiga
Verbal Offer Accepted on an Off-the-Market home, what next?
Hello Everyone,So I just got a verbal offer to purchase accepted by the owner, what should I do next, and what should I have done differently up to this point. (I will describe the details below)I have a long time nei...
Steve S.
How do you handle accepting an offer then receiving. Better one?
let me provide more details. I've been showing to several people and haggling back and forth. Nobody has submitted an app yet but I've agreed via text to accept someone's offer pending the application and verification...
Cristen Marcotte
Hard Money Lenders who accept private money for the down payment
We have been frustrated with Hard Money Lenders who source where our funds come from to make the initial down payment. We have private investors who will lend us the money for the initial funds needed to acquire a pr...
Preeti Tibrewala
Offer accepted for run down house in Los Gatos Mountains @450k
Hi,Offer accepted for run down house 1bed/1bath in Los Gatos Mountains @450k. Lot is 0.26acres, most of the lot has steep downhill slope. Lots of trees and house has septic tank.Do you think it is a good deal? This is...
Michele G.
Delayed security deposit should I accept tenants or find new ones
4 tenants (students) were supposed to pay security deposit today for April 1 move in. I have not signed lease yet as I want all signatures, co-signers and security deposit in place. They just let me know they can pay ...
JD Martin
Pre-paid rent - taxable in the year accepted or year applied?
Good afternoon all!Before I do my taxes, I have a unit in which one of the tenants (a college student, parent paying) prepaid their rent for the first 6 months of 2016 in late December. Should I claim the income based...