I am trying to wholesale a bank owned property and this addendum has me confused ?
does this mean I cannot make more of an assignment fee than my earnest deposit? if that's the case I could only make $500 because that...
Hey guys, I've got a quick question which has thrown me for a bit of a spin. I am finally closing escrow on my first duplex, which will be owner occupied, so the time has come to put in the notice at my current reside...
I'm a newbie in Michigan and property here requires, so far as I've been told, 13 months of prepaid taxes. I'm wondering if I should be figuring that into my cash in cash return since I will need to bring it to close,...
Hello
I have closed my first investment property last Sep. Noticed my loan lender closing cost details shows they charged 10Months Property tax prepaid. My question is why do i have to pay 10Months property tax in a...
 I have an applicant who is moving to Florida, and they’re looking for a seven month lease. They have a good credit and a good background but no job yet. Am I legally allowed to ask for the entire seven months rent t...
As I had to move quickly and give 30 days notice, I paid the October rent and gave notice I was leaving, keeping the utilities in my name. New renters were found in ten days and moved in on October 15th. The landlord ...
I don't know how feasible (and legal) this is, but I'm exploring options and thought this up:
For a deferred down payment do a leaseback prepaid to cover closing costs + down payment. I have this in mind to transfer ...
I have a client who recently completed a 3-year lease. They switched to month-to-month. I was planning on booting them out for a number of reasons but they offered to prepay for the year in advance. Since cash is king...
I recently purchased a cashflowing 4 plex. Since I am using my VA loan, and since the seller is covering closing costs, as is common in the area, I end up without any cash out of pocket, and also receiving deposits an...
Hi all,This is a strange situation that I'm hoping someone can give me a sanity check on:I purchased a home last year from a well-known company in Chicago that was forced to close earlier this year. The home was occup...