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I have only been landlording for about two years now and have been lucky with tenants to this point. However a tenant of mine that moved in in November hasn’t been late on his rent each of the first three months (exc...
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Hello,
I’m currently in the process of getting my rental going. I have a potential tenant who is interested in the property and she is willing to pay the entire year lease up front. I was just wondering if anyone has...
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I have purchased my third rental using cash for the purchase and repairs. As an example if the purchase price of the home was $30,000 and repairs were $5000. What would be my be course of action to get that entire $35...
My current lenders for a primary residence I am purchasing is requiring 12 months of escrow UP FRONT AT CLOSING for taxes and insurance PLUS the normal contribution going forward.I have a shortsale on credit report da...
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First off, I wasn't exactly sure where to post. I felt this category was the best option since it will be people from my area who have already been through FHA 203k loan processes. Anyways...We have finally decided to...
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I need to evict a tenant and this tenant is paying the first part of the rent through zelle, and the second part of the rent by a check (because she has a limit on zelle.)
Her zelle pmt for the month of February w...
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A 4 flat near me is selling for $240,000. This is unfortunately just outside my capabilities of a down payment as my lending is requiring a 25% DP. At $200,000 I think i can make it work and I think the seller would b...
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Hello, I’ve been quickly becoming more and more interested in investing in rental properties, but I’m not sure if I’m ready to start or not. I’m 22 years old, Sgt in the Marine Corps, married, currently single income ...
when i recently made the big move from nyc to signal hill, ca, i could not get a mortgage cuz i write and wrote off most of my taxable income to uncovered medical costs (was blinded in both eyes couple yrs back while ...
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Hello Team,This is my very first post as I've been watching and reading others from the sidelines for over 2 years. I'm excited to be closing on my first multi family four unit property here in DC. The Closing date is...