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Hey guys! Was wondering what the main difference is between a land contract and note/mortgage sale (benefits, negatives). When it comes to the actual financing terms (ie. length of loan, interest percentage, etc), bot...
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I just bought a duplex about 2 weeks ago with tenants in one unit already living there. I realized that the tenants are heavy marijuana smokers and have permeated the smell to my other unit. I am having issues showing...
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Background: I have been looking into multi-family passive investing. I attended a multi-family seminar in early November, hosted by a guru (he hates the term but I'll call him that here for simplicity) who knows my lo...
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Just had my first tenant move into my first rental property. They moved from out of state without seeing the property in person first. I gave them a video tour. They are not satisfied with the paint on the baseboar...
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Hi,
I am considering an offer on a 4 plex that is a short sale. Owner has 230,000 in debt. List price is 175,000. There is another offer already so I am to make my highest and best offer. Rent is 550/unit. It i...
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Hi Everyone! I was hoping to get a little advice from those that have dealt with either a VA, FHA, or a 203K loan. I am currently looking at these to purchase a tri- or four-plex; I am looking for something that needs...
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We are looking to avoid the conventional mortgage route and use private money to buy our first house. It's a large 2 story in a multi-family zoning district so we plan to place 2, or maybe 3 units here but the house ...
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I purchased a duplex that I have lived in for a couple of years. It passed all inspections when I bought it, however I quickly realized there were many problems hidden behind the walls. I did some digging and found ou...
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It's in my lease that they have to have renter's insurance. I have asked for copies and they just aren't getting them to me. Do I send a final notice that they need to get it to me or get evicted for lease violation o...
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Hi All!
This board is a Revelation. Just Fantastic, I've been lurking for weeks and finally decided to join.
Anyways, I'm a Realtor/Investor in the Lehigh Valley, Pa. and I am...