Tony Gatto
Need help for my seller to pay of mortguage early
Hey gang.
I have a seller that wants to terminate his mortgage early. I am not interested in a sub2 as i have a few buyers for the property already.
However he does not know how to pay off his mortgage...
Kevin Boyd
Negotiating a Second
I'm not sure if this is the best place to post this, but can't find a better place.Got a lease option on a house about 18 months ago. I brought the loans current which cost about $100k. Also paid the owner another $...
Laura Casner
Legal recourse for Tennants who move out and stop paying before the lease is up.
I have a long term rental in Lake Tahoe (NV side). We had a tennant for a year, who renewed for another 8 months. Two months after renewing she said her company restructured and she lost her job so she wanted to move...
Kyle Southard
USDA Rural Business Loan Guarantee vs SBA Loan Guarantee
Greetings,Does anyone have experience using the USDA Rural Business and Industry Loan Guarantee, or the SBA Loan Guarantee? Bottom line: trying to figure out which one to use with a wedding planning business's purchas...
Kyle Leonard
Tenant passed away in one of my units. What should I expect?
A tenant passed away. He was older and it was of natural causes. I don't know of any close family or friends. What are your experiences in how you dealt with a similar situation?
Alan L. Weeks
Title Insurance
I'm buying a condo converted in 2007 from a 3 family rehab in the state of MA with cash. Trying to decide if I need title insurance. Anyone have any guidance on what to look for after the title search is completed t...
Jim Jopling
Work-out non-performing notes in a SDIRA?
I just listened to a presentation in which a lawyer (SDIRA expert) said that you cannot perform physical work on your own rental properties held by your self-directed IRA. This would be a prohibited / self-dealing tr...
Brady Hanna
For those of you who manage your personal rental with your LLC.....
How are you currently doing it?
My wife and I formed an LLC with the initial idea of buying rental properties through our LLC for the extra protection on top of umbrella insurance. After talking to bankers all over ...
Matthew Christian
Refinance into a higher interest fixed rate mortgage from a yearly variable rate?
I found myself as a reluctant landlord 5 years ago. I had to move across country from my condominium. I couldn't afford to sell off the property at a loss and ended up renting it out. I have a property manager and ...
Greg P.
Contract for Deed Help - Not sure where to go with this
Hello everyone. I'm having a calculation problem and was wondering if someone could help me do some math. I have a private lender willing to borrow me exactly $187,131.95. They are willing to do a balloon of 10 ye...