Joshua Johnson
First Multi, Inhereted TAW with mixed security/LMR payments
Hello All,In January I took control of my first multifamily in Worcester, MA. The tenants I inherited are all TAW, but have agreed to sign onto a fixed 1-year lease beginning in June'22. They came with a mixed history...
Greg Zimdahl
Hard money - SEC General Solicitations
It seems to be apparent that it is ok to request money from a hard money lender. I don't want to make assumptions however. If it is ok to request money from a hard money lender, why? Why is this not considered a gener...
Eric Herrera
Investment and Lending Options
Hey All.
Got an interesting scenario. My brother and father in law are moving to Greenville, SC and looking to rent a property together, as I do not believe they are in a position to purchase a property. I live in Ca...
John Palatzo
3 landlord questions in NJ
Hi folks,Just curious if anyone can answer these 3 questions about renting a house in New Jersey. I’m still kind of new to being a landlord and I want to make sure I'm "following the right laws", etc.1. I currently h...
Bans Sharma
Urgent: Need advice on choosing DSCR loan option
Hello,
I am in the process of purchasing a property for $1.17M and plan to put 25% down with a DSCR loan. My lender said it would be best to go with DSCR instead of conventional loan. My goal would be to either refin...
Gabriel Jeroh
How to buy a home while in CH13
What are the buying options for someone in CH13 BK filing? He has very good financial standing, income, credit score is above 650 and has a good rental history. Can lease option to buy be considered? Yes I know you ar...
David Boden
Tenants moving out while behind on rent
We have a 6-plex we've owned for just over a year. All units are under market value in Los Angeles. One unit has been giving us trouble and have been late on rent since before the pandemic and we were looking to begi...
Michael Karl
Last months rent
On September 1st I took ownership of a 3 unit rental that was fully occupied. At closing the previous owner transferred the security deposit and last months rent as stated in the contracts. My question is "do I have...
Joshua Schneiderman
New Investor
Hello All - I live in Los Angeles and I have done some investing in real estate previously (a direct investment in a duplex and also LP interests in ventures focused on acquiring properties for conversion to work-live...
Jasmine Roberts
Non-performing notes-Can this really happen??
Hi everyone,I keep getting confused re: non-performing notes. Is there ever an option to secure the actual property by purchasing the property at a discount without going through the foreclosure process? In other word...