Right now when I do lease signings tenants sign and date each page of the property condition report, then I take it home, scan it and email it to them, asking them to reply that they received it. Only flaw is that the...
Hi all!My tenant put up a satellite dish on the roof without my permission just DAYS after I had just put up a new roof on the property. Of course this had to be bolted into the roof so when he leaves and takes the...
I recently met with a lender and this topic came up. The lender recommended I do not start with a single family home because it will raise questions from lenders when it comes to house hacking my second home. Lenders ...
Good evening,Can anyone give me a good reason for strarting a LLC ? A part from being anonymous and only liable for the properties you own whithin the LLC can other advantages be named ? ( Imagine having to create on ...
So I'm wanting to develop an apartment building. I want to buy the land first and hold it for 6 - 12 months initially. Do banks still lend to land in situations where it won't be built on for a year?
So I was a week out before closing on 2 unit in South Portland and the underwriter denied my loan. First of all I feel like the bank I used should have never had me pay for an appraisal if the suspected my loan wit...
Good morning,
I have a question that I'm sure many of us have asked before. I have not had much interest on a rental property, and this being october, not the best month to have a vacancy. I have someone who applied ...
Hi,Does anyone have suggestions for a company or individual that does soft money lending or full doc non-conforming renovation loans at reasonable rates at 6-8%? I'm a borrower with an excellent credit profile above 8...
I am bidding on a $230K market price property, where I will probably add $20K of equity thereafter in form of upgrades. the land is appraised at $100KI by tax man. This will be a rental property.
I solicited quot...
I have a deal in Texas that the seller is asking me for money for EMD, and he is firm on this. Do you think I should pay now or not?Thank you for your guidance.