Ira Jeter
15k in arrears, go or no?
3 bed 2 bath 1200 sqft single family Principal Loan: 94k + 15k arrears/taxed&fees = 109kARV: 120k My question is would this be worth a 15k down payment to stop the foreclosure, and use owner financing to po...
Sylvia B.
Conficting information on NOLO
NOLO is often recommended as the place to go to learn about your state laws for rental property. I found something interesting today.On this page - http://www.nolo.com/legal-encyclopedia/missouri-termination-nonpaymen...
Brendan Moehn
Tenant withholding rent due to no record of their deposit
TL:DR- Tenant withholding rent due to not going to get deposit back, which there is no record of. What's the best time/cost effective way of dealing with it?I purchased a property end of October, 2019. The previous la...
Michael Plaks
Pointless to apply for EIDL loans right now
We all got excited about the EIDL loans from SBA: $10k free advance that does not have to be repaid, and then some great terms on up to $2M loans.
We celebrated too early. First we learned that it is not $10k. It is...
David Doyle
Can Lease Option Sellers Qualify For New Mortgage ?
I just learned today that many times if a SELER on a lease option deal leases their house out on a option to an investor., is now NOT in the POSITION to QUALIFY for a new MORTGAGE on a new house he can move into.I ...
Norman Perkins
Ok folks, Im frustrated. Please help!
I am reading, studying the market, watching interest rates, basically doing everything I possibly can to get started in this, but I feel like I am spinning my wheels. I apply for an equity loan to use as my down pa...
Brian Gibbons
Installment Sales - Pay full price to seller and get your terms.
Say you want to focus on the following:Out of all the houses in the United States, many are free and clear of any mortgages. See this article at DSNews http://dsnews.com/news/market-studies/01-10-2013/a...So let's say...
Jesse Curtis
Milwaukee Duplex Analysis
Hi, First time buyer of a rental property and this is my first run at the numbers for a duplex. Property is a 2/2 Duplex (1 bath) with a 2 car garage. Currently occupied. Rents and taxes are actual. Asking price is 14...
Brad E.
New landlord- Several ?'s on inherited tenants. Closing Friday!
Hi folks - I am closing on my first rental property (duplex) this Friday and have some questions about inherited tenants. 1. If I close on 9/1, which is also the day rent is due, how do I get the rent payment? I ass...
Seth Carlone-Hanson
New Investor from Washington
Greetings all!I am a pilot in the Navy, currently stationed in the South of Spain. The family and I will be relocating to Washington State within the next few years, and I will be able to retire shortly thereafter. We...