Hi - I have one rental property. It is a townhouse that shares walls with three other units. The neighbor just placed a note on my renter's door stating that they are starting termite treatment on a shared wall. My re...
We purchased our first private residence using a VA loan and we had full intentions of staying there for good, however a job change required us to move out of state 6 months after buying our house. We decided to rent ...
An opportunity has presented itself to own commercial real estate in south tx. Property apparently appraised at 1.1mil. Partner still owes 550k left. He would like for me to buy in at 400k approx 40% and then pay 40%...
what is needed to finalize and what to look for? put it under your LLC or your name? what aspects to loof for to see a ROI - what is the formula,
Total Rent - (expenses/month) = Cash Back
is that a correct formula?
I think it was JScott who only sells his rehabs to those who qualified for conventional financing and not FHA. It was my understanding that he did/does this to avoid FHA's 3 month seasoning.
I could've misund...
This is an interesting story
I had an executed contract with a seller for a short sale. What I have since learned was the seller has not defaulted on loan but no longer wants the property so she was trying to sell it...
A couple of questions regarding appliances for rental properties in Michigan - I've done some online research and I am getting mixed info.
1. What appliances do you have to provide by law?
2. We have a single family...
So, I have 3 houses I bought for cash. They’re very inexpensive, like $30-55K each. One I co-own with my brother that’s rented(I’d prefer not to involve that one), of the others one is rented and one is being rehabbed...
I’m interested in using the preferred lender of the builder for a new construction duplex. My concern is if the property does not appraise for sales price what options do have besides paying the difference. Is the bes...
Hello all,I am in a bit of a pickle. Started building a home that was under contract in January of this year. Got a quote in May of this year on the lumber cost however just received the bill which is now about 30K ...