I just had to share a lesson we learned to hopefully help others be aware that this does happen and the solution is EASY. Recently we realized not all buyers are flexible as most regular human beings that were hugged ...
Learnt some interesting stuff today. For using an on 3&4 unit MF, you cannot use a gift as cash reserves. I believe you need at least 3 months of cash reserves (at least according to 1 lender). BUT! You can use th...
I heard an investor on a call say it's best to have some debt on properties for protection. There wasn't time to discuss in detail so I'm asking you all fellow investors about this. What's your perspective and why? I ...
Hello-I am going to a course tomorrow on the laws that pertain to being a landlord in my state of Massachusetts. Are there any key points I should be listening out for tomorrow and/or specific questions I should ask p...
How difficult is it to obtain a cash-out refinance on a property for someone who is retired? My husband and I only have rental income (around $11k/month) and do not work. But we were hoping to do a cash out refinance ...
Hello All,
My name is Randall Owens and I am looking for serious help in regards to a 2 flat building with a unfinished basement that I plan on converting to a 3rd unit in Chicago. I have a pre approval that includ...
Hi all. I own some property in Southern California and the Bay Area. I know that termites are very common in California. I spoke to a few termite inspectors and was told that properties should be fumigated once every ...
Hello everyone, I am sorta new at flipping. I helped my dad and aunt about 14 years ago flipping homes, but now I want to do this on my own and had a question about Hard Money Lenders. How difficult would it be for a ...
I recently went to my bank where I keep my tenants accounts at to obtain a letter stating the amount of the security deposit ,the banks name and account number that I provide my tenants with. When I inquired about thi...
Some extenuating circumstances have popped up and I would like for my tenants to move out within 60-90 days. Current lease agreement ends 5/31/22 (12 month term). Lease has not been renewed on paper, although tenants ...