Hello all! I am interested in a 4 unit multi family home in my area. (washington DC).The unit has all the signs of being an abandoned property. Tall grass etc. I researched the property and an agent told me she cannot...
Hello BP,I'm looking to finance my first duplex (house hack) with a conventional loan, however I won't have the necessary funds by the time I need to purchase (tentatively need to move in June 1st) for a down payment,...
Hi All,I am looking to form a single member LLC for my home flipping business but I wanted to know if I can use the same LLC for my "buy and hold/short term rental" business?
I would like to add an "oldest debts will be paid first from the rent" clause to my lease, but I'm a bit confused about how this is applied in the real world.
Let's say the ren...
I’d like to buy a new house this year. I have a w2 for my full time job and my rents I collect reflected on my tax return. I spent a lot on improvements on a rental this year (hvac system, new flooring) that usually I...
Hello,My HOA is trying to implement restrictions on rentals. Currently, there are no restrictions in place. My home is a single family home however, there are Town Houses in the community as well. They tried to say if...
Tenants move out two weeks ago. Now i noticed water leaking through walk way ceiling and wall directly next to my property possibly on my ceiling and wall. Trying to get a hold of the landlord and the community manage...
We own a SFR that had two water damage claims, one in 2011 and one in 2012 for a total payout of $6,000. We bought the home in 2014, so these claim aren't against us, but against the home. I was just wondering how lon...
Recently I had a seller send me an Assignment of Mortgage (NJ) without an attachment or any reference to a legal description.In my experience, I've always seen AOMs refer to "Exhibit A," which contains the full legal ...
I have been house hacking a duplex I purchased for 350k for 2 years putting 3.5% down using FHA loan. I am planning on house hacking another multifamily putting only 3-5% down in a year. But I also have 100k I can put...