Hi - first time investor, naturally. I have a property that I want to refinance from a hard money loan to a longer loan. Here's my questions: - why is it that the hard money loan, on which I paid interest-only, is now...
Hello. I have a new tenant and need to write a new lease. My question is, they have a wholesale business where they distribute certain foods. They will be using a deep freezer in the rental garage. Is there something ...
I am closing on a multi-family soon and the mortgage will be in the LLC's name. All income and expenses will be handled by the LLC. The problem is that I am using a HELOC to assist with the downpayment for the loan. I...
As a landlord, I have been thrown a few curve balls and learned as time passed. I operate in a new area and have been shocked by the type of potential tenants I have been encountering to fill my units. I knew it was a...
First off, I know this is a very specific question to my circumstances and I already have an appointment with a CPA to ask this and many other questions but I wanted to get a feel from anyone in the BP community who m...
Hey everyone,I've got a commercial property, and a tenant is looking to sell his business, which would basically mean the business (a store) stays there, but is under a new owner. The lease is with the business entity...
Just wondering if any owners of mixed use properties or commercial real estate have a sample Application. Some applications for residential tenants don’t seem to apply to commercial. Any thoughts or comments would be ...
I'm currently in the middle of my first deal, which is exciting. Learning something new every day. Part way into the process we decided to not purchase the house using conventional financing but instead us a commerc...
Hello Everyone,
I m a landlord in the process of moving to another city soon and i m planning to rent my current residence and self-manage it from long distance (fun times!). I m in need of a good real estate attorne...
Renting an apartment building and wondering if both wife and husband should fill out an application? Is it standard to have all people 18+ in the household fill one out?
In this particular situation the wife filled ...