Chi Zhang
Chicago conversion 2 DU to 5 DU with zoning change
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $400,000
Cash invested: $450,000
Orig a mix-used 2 unit in B1-2 zoning, a zoning amendment was obtained to up...
Nicholle Jean
Closing on First Duplex next Tuesday - looks like it will be an eventful start
Really excited to be closing. It's been a smooth journey, I read a lot on here in preparation and the transaction has gone smoothly for the most part. My plan is to live downstairs and rent the upstairs. It was goi...
Joseph Hernandez
Request for extension of foreclosure auction date
My client's auction date is in 5 days. I want to request an extension to the lender. Is there a form to fill out? If not, does anyone know the verbiage the letter must contain? Thank you!
Michael Sheridan
Potential renter has weird request
So I have this potential renter that on paper seems to be great however when I met with him to sign lease agreement he said he required that I show him proof that the mortgage is being paid every time he pays rent or ...
Karen Young
would like proof that roof was repaired prior to my purchase
Prior to purchase, an inspection revealed several things that could potentially lead to a roof leak (missing flashing, DishTV antenna screws not sealed). The seller asked the HOA to fix these items. Now I own the prop...
Kevin Wang
How to verify income for self-employed? First time landlord needs help!
Hello, I am a newbie landlord and is wondering how to verify income for self-employed people? Tax return? Please advise!
Brenda Whittaker
The Chicken or the Egg?
So we hear so much about rehab funding. I have always used cash for rehab but it's all tied up now. What I'm finding in my search for this gem I hear of, is that all lenders, private or otherwise, want me to have a ...
Steve French
Proof of Funds . . . Strictly Cash? How much to show?
This journey is never boring. Once you've figured out an immediate problem, you get a little further on and discover another one you didn't anticipate.This is one of those times :)So we've got some cash, and some HEL...
Diego Perez
Why my offers keep being rejected? Buying houses in South Florida
Hello Guys, I've been trying to buy a house in South Florida for more than a year now. My budget is $65K. I have seen house in the market for $40K an up. I have put about 30 offers with more than the asking price but ...
Anl Gupta
Seller's leases
Hi
I am looking into a property and the seller has presented me with some leases, I am not sure if the tenants are paying rent. He is unwilling to show me actual checks deposits. Is there someone who has had similar e...