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Anyone else concerned with the debt crisis? How are you positioning your self defensively? How much cash reserves keep on hand. 3 months, 6 months, 12 months?
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We have a SFR in Michigan that was taken back at the FC sale last December and the redemption period expires on June 6th. The borrower may still be in the property and one strategy we considered is to approach the bor...
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We have a duplex that is fully occupied. The bottom unit is connected to electricity in basement, where the washer/dryer is. The tenant was asking questions about what in the house was connected to their electricity b...
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I've been real estate investing for about ten years. I've had as many as five mortgages, but never went over $1M in debt. Question for those who own many rental properties, how much debt is too much debt? Is it comm...
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Good Morning//afternoon eveyone,Quick Question - Is owner financing reported to othe credit bureaus? If I acquire a property using owner financing am I obligated to tell a bank of the obligation if I purchase another...
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What are some liabilities associated with rental properties such as duplexes and fourplexes?
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I have a situation in which my wholesale deal requires either a cash buyer or hard money lender and thus $45,000 or $13,500 respectively. both these amounts include the assignment fee. What issues might there be if ...
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I was in a contract to purchase a home in SF Bay Area. I waived all contingencies with my agent suggestion. I made the EMD of $33k and was in the middle of financing. I got the appraisal done. 7 days after the offer w...
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Question - can the seller back out of our contract?
Purchasing a home for 500K, with 30K appraisal gap in the contract. Appraisal came in at 465K, so 35K below the contract price.
We are willing to cover 30K.
T...
Evicting tenant question- in the process of evicting a nightmare of a tenant, I do believe she is trying to find a new place as I got a call from another landlord but the process is taking too long so off to court we ...