My offer was accepted on a duplex and I recently asked for the current rental agreement for the current tenants. There seems to be red flags all over the place and I will not enter in the actual contract or send any D...
Hi guys. We have the opportunity to purchase a house at a very good price. It is currently occupied by a 50's aged widow. She pays about $350 UNDER current market rates, the rent has not been raised in 4 years. ...
Looking at a property being offered at 40% discount off market value. It has a tenant in place until next July. I need to find out the current rent but not sure I like the idea of buying properties with existing ten...
I was just throwing ideas around in my head and was thinking... Has anybody ever heard of a strategy along the lines of:1: Showing homes in need of repair to potential home buyers2: Have the potential homebuyers tell ...
Good Afternoon. Ok Guys, this is my scenario. I am going to include my real scenario with as many specifics as possible so I can get the most detailed advice, I could use it. I am 35 years old (today) and my wife and...
Hello All,I've started researching build mortgages especially once I discovered a 'build mortgage' can both be used to build a home from scratch (duh) but can also be used on an existing structure.Question:1. Can I ge...
Hi all,
I have a question to bounce off the community. Does anybody have experience getting an FHA loan for 2nd property while having conventional loan in place on 1st property? I would like to rent out my SFH that i...
Hey everyone, I am currently in the process of buying my first owner occupied duplex, which currently has tenants occupying both units. Per my realtor, both tenants were on month to month leases, therefore I could mov...
Is an exchange from a residential rental to an existing business allowed under the Starker rules?
I own a rental property in Scottsdale that I would like to sell, I exchanged into it three years ago. I’d like to con...