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Need some detailed help.Owner wants 60k for the house, needs 30k rehab and ARV is around 120k-130k. He has owned it 5 plus years after mother passed. This was his original boyhood home. I want to offer him 2 options.P...
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These are the options I am getting from my credit union? I would appreciate any opinions and pointers you all can offer.Respectfully, Hodari The first mortgage option that includes closing costs would have a rate of a...
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I was a heavy user of the site about a year and a half ago. I never really secured any deals while I was trying to wholesale. However, I have wondered about something and I'd really like your input. My main interests ...
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I am in the process of leasing out a rental unit. Its a low income neighborhood and the tenant had some financial hardships in the past which I have agreed to overlook in exchange for last month's rent up front (rathe...
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I've had a good stay as I have been renting out a bedroom in a Georgia home. This is until the lease has ended 6 months later and I have moved out. I didn't have a vacuum cleaner or broom, so when I left I packed all ...
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Went through tenant screening process, tenant filled out application and I approved. She sent the security deposit in to lock down the place. It took a few days to get the lease together because there was a little bac...
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After landlording for five years, I have learned some stuff the hard way. How much is enough security deposit? Do I collect last months rent in advance?Here are my ideas:1. I do not collect last months rent. Under FL ...
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Help, I'm going to give as many details as possible because I'm just getting started and could use some good advice. I currently own 5 properties including my primary. 2 of them I just purchased as bad shape rehabs ...
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Good morning, looking for advice on how to hand the following situation:We're currently residing in a single family house that we'd like to rent. I was pre-approved for a conventional mortgage and found a 2-unit hous...
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I have a rental application that i can print and hand to the applicant OR have them fill out the electronic form and print the completed applicationFrom this form i would like to run the credit and background checksW...