Andrew Brockway
Appartments, Mobile Home Parks, Commercial properties buying
So bare with me, I am not sure how to present this besides how I see it in my daydreams haha so here we go:I picture that there is a Mobile home park ( for this example) for sale at $1 million 12% cap. Since I have ju...
Sara Wilson
HUD escrow repair (completed by potential homebuyer)
My home inspection went great and we signed all the official loan documents the following day. The only item listed by HUD (escrow repair) was the aluminum soffit and fascia (around $300).
Our loan officer suggested...
Bienes Raices
Replacing plaster with drywall in rental
I'm looking at a couple of houses built in the 50's that have plaster. I haven't been able to get inside the houses yet so I'm not sure what the condition of the plaster is.
If anyone here has bought one of these, di...
Arun Gokhale
Low cost finishing materials (flooring/counters)
Hi,I'm new to the world of rehabbing properties. I recently started a buy and hold project where I will have to redo a number of the floors and cabinets. I was thinking of of going with fake wood vinyl planks for the ...
Jeff Lee
DIY Drywall Texture Question
https://drive.google.com/open?id=1OIBgwOJAkB4aiK2o...The link goes to a handful of photos of my bathroom. My goal is to use apply texture using joint compound, then use a paint+primer to finish.The question is, what d...
Mary J.
Can a dark stain on hardwood floor be corrected?
Hello! Recently picked up a multi unit with hardwood floors. In one apartment there’s a dark stain (I’m guessing something spilled years ago). I’m going to sand them, so was thinking of sanding and then staining wi...
Christopher R.
Renters paying under fair market
I am currently trying to buy a duplex with one side owner occupied. I am running into many properties that have long term tenants who are not paying fair market rent. In fact, they are paying usually 200-300.00 a mo...
Eli Gur
hard money and construction loan
hi, i would like to know how a hard money loan works, they give me the money for the hose and also for the construction? and the down payment is on both? or the downpayment is only on the money for the house, and on...
Jack Forester
Where to credit seller paid closing costs (I'm the purchaser)
Okay, I bought a new rental property and had the seller pay 2% of closing costs (max allowed by my lender). Under the new Closing Disclosure form (no longer the HUD form), it shows nothing specifically paid by the se...
Jacqueline Coombs
Cash all tied-up, stressed-out; advice needed!
Hi, everyone! I am stressing out as I seem to have gotten myself into a pickle with my cash all tied up! I do believe there is a solution so I am asking for some seasoned advice. Here is my current situation:
My port...