Bobby Narinov
Available Financing options for multi-Family (20+ units)
I am trying to get financing for a small apartment complex and the bank was on board for a while. I gave them the purchase price, the down-payment and my financial information.They insisted on giving them the cash-flo...
Joel Brown
Who typically pays for closing costs in Utah.
While I know it depends on what is negotiated, who typically pays the buyers closing cost in Utah? My lender told me that he sees upwards of 90% of sales in Utah where the seller pays nearly all (under $300K home sale...
Roz Enfield
Landlord to pay for security system?
We have a pretty needy tennant in San Francisco. He moved in during Covid and has experienced a few problems, his girlfriends cell phone was stolen while walking on the street, as well as smashed garage windows multip...
Andrew M.
Choosing between tenants
Hello all,I'm brand new here and as a landlord so I'm posting this in hopes I can get some opinions into what I should do. A few months ago I bought a new house and held onto my old one so I could rent it out. I've...
Scott Schultz
Plumbing Stoppage in Multi-family Property. Who Pays?
Hello there. I have an interesting question regarding a 4-plex we own that is on septic. We had it pumped yesterday and in addition to being full, the plumber had to auger the line due to back up. Of course it was gre...
Lew H.
Fl. county auction sink holes and scams
Sarasota co. states if your the high bidder and the defendant mentions Bankruptcy after the auction, The county has earned the auction fee and the Winning bidder lost 5% of the winning b...
Nicky Rasulova
What information lenders require to evaluate a borrower credibility?
Hi everyone,I had a question on what type of information a lender usually requires from a borrower to evaluate his/her credibility. Is there a sort of checklist of docs/information that is necessary before applying to...
Jennifer Petrillo
Board of Health denying Septic project
We are currently finishing up the rehab on a beautiful 1830 Colonial flip house which we already have under contract. Last thing to be done...the septic. We knew when we bought it that the septic was shot, it was a "s...
Michael Moikeha
Purchasing Subject to
I have a property that I will be purchasing sub to. The owners are great people and they understand the risk pertaining to the due on sale clause and know that if we miss payments it will hurt them.I went to Escrow to...
Kristin Kerr
Checking in with a tenant-physical inspection required?
Hi,We are 6 months into renting out our condo to a young professional. We live several states apart due to a job change (hence why we are renting out our condo in the first place). I’m just curious if we should schedu...