Kyle Ewanic
BRRRR a "subject to" deal
I have a property on the MLS I'm interested in purchasing and BRRRR. I intend to live in while renovating. Meanwhile, working on other deals/projects. The home is an inheritance from the original owner (now desist). I...
Rob Nichols
Hard Money Lending on a Subject 2 Property
Hello everyone!Bottom Line Up Front: How can a hard money loan be secured on a subject 2 property?Background:A local wholesaler is purchasing a duplex that he intends to keep as a rental. He's negotiated a purchase ...
Jay Stein
Should I ask for earnest money back?
I recently entered into a contract to purchase a house using FHA financing, expecting to move into the house. Due to personal circumstances, I no longer intend to occupy and have thus decided that rather than skirting...
Ezra Richardson
Generating Legal Documents for a Rental Business
Hi all! I am brand new to the forums and have been thoroughly impressed with the amount of helpful advice floating around here. I'm leaving a few questions for anybody out here to chime in on. I am grateful for all he...
Martin Potokar
An Ounce of Prevention Worth a Pound of Cure
Premise Based upon what we have witnessed in conducting commercial property condition assessments (PCAs) and commercial property roof inspections for over 30 years, we can definitely state witho...
Corey Law
Conventional Loans 5-10 percent ?
I'm looking to get a conventional loan in the Tampa area. But I am not wanting to put down 20 percent. Does anyone have advice on how I could get a conventional loan with a down payment less than 10 percent?
Daniel Walton
Using a commercial loan to rent from my LLC
Hi all,
I know this situation may seem a bit odd I'll try to piece it together as best as possible.
Last year I purchased a fixer upper home seller financed on an 18 month balloon, due to be paid back Jan 2024 thr...
Erik K.
Roommates and California's 2019 Tenant Protection Act
Hello all. Currently, I only have rental income from renting individual rooms to roommates.Does the statewide rent control apply to the two room renters in my manufactured home?
Account Closed
Definition of intent / proof
I have a rental that I will be moving in to next year. Consequently I would like to refinance with the current low rates. My tenant is still in the house so I will be stating to the lender that I intend to take occupa...
David Shue
FHA LOAN
With FHA loan, the borrower has to live at primary residence for 2 years before he or she can sell the property. Is this correct? Any advises would be greatly appreciated.David