I'm due to close on 9/25, but my lender's numbers are coming back higher than expected. I have the cash to close, but what are my expenses in walking away from the lender? What do i need to be aware of in a cash purch...
I have a lingering question I can not seem to get answered no matter who I contact or research. I can not locate someone in my area familiar with cost segregation and implementing it on my taxes. My current tax guy ha...
How do I structure a deal if I want to do seller financing but the seller has a mortgage. I've seen 1 post talking about subject to and seller financing hybrid but it doesn't explain or break it down. Ex. Seller st...
I'm buying a house for the first time, as such I'm new to the legal side of the process, what exactly should I expect my conveyancing solicitor do? How can I make sure they're doing a good job?
I’ve got an opportunity to buy a foreclosed 2 unit duplex from a wholesaler. This property comes with tenants already in place, but “since it came out of foreclosure” the wholesaler can’t tell me anything about them. ...
I have a brother who recently purchased a reo by a investment group that buys pooled reos from banks. he bought the house on a land contract wherein after 6 months of on time payments, the deed would be placed in his...
Hello Guys,
I am doing some property management on the side and would love to know your procedure when a tenant leaves. Mine is the following:
- Once they inform me that they will not renew their lease I make them s...
Dear community,We are renting a single family house in Florida with pool, which we bought less than year ago and rented. Our tenants were in a house for 8 months and up to this time we promptly responded on all reques...
What documents do I need before or at closing to properly show transfer of lease ownership to me when buying a property with tenants in place already? This is my first time buying with existing tenants and just want t...
I purchased my first rental property at the end of December. It was a foreclosure and I purchased it from the bank with cash. At the closing I received a credit for the sanitation bill. Now 2 months later I receive...