Isaac S.
Insurance question- fire damage on rental
Hi, one of my rentals had fire damage and is insured through Allstate. They were great with the process so far and have a check ready for me, but they said since I have a mortgage on the property they send a check wit...
Scott Johnson
The process and documents for buying a parcel of land
Newbie at real estate. I have owned my own business for a long time though.Here's my plan: I am going to get a list from a county here in Florida, of tax delinquent properties. I will filter it out so that I am only m...
Jon Dixon
purchasing additional rentals
I am wondering what the process is to getting financial help so I can aquire more rentals. I currently have 6 units. I am in dayton ohio. Thank you
Nicholas LaGatta
Guesthouses, In-Law Suites, and Other Vague Ares of the Municode
Hi all,I am working through some title issues on a large West End property I am buying with questionable zoning and permitting history. The property currently has 3 kitchens and 3 "units." The property is highly vis...
Travis Kay
Tiny Homes in RV Parks
I am in the process of building an RV Park. I have purchased thr land, had it rezone and am designing my plans for the community now. In meeting with the town building inspector he is having a hard time wrapping his h...
Thomas Jackson
1st meeting with motivated seller
I meet with my first motivated seller yesterday. I went and did a walk through of the house and I must say it was ****. We talked for a good thirty minutes before discussing price. We ended up agreeing on the price I ...
Grant Amsberry
25% down on my first rental property
I am in the process of getting financing for my first rental property. The lender wants 25% down. Is this standard? Are other lenders more flexible?
Storm Daniels
Subject-To Deal in Colorado Springs
I have someone who has contacted me and we came to an agreement that involves him selling me his house in Colorado Springs subject to his existing financing. He has some concerns about certain things and so do I that...
Valerie King
Landing a Good Deal Through a Conventional Loan
Am I doomed in finding a good deal if I'm going through a big bank and being financed through Fannie/Freddie/FHA? From the little I've learned so far, it sounds like, generally, getting a good deal requires cash, whic...
Freeman Schultz
Questions about how jumbo loans work and how to refinance
I have been researching jumbo loans and I understand how they generally work. But they raise some quesitons.
1. When does the lender contact the mortgagor regarding the principal? A year before the maturity date or...