Leslie Beia
Sub-To to BRRRR
Morning! A great house came on the MLS yesterday, exactly what I’ve been looking for for a long-term buy and hold. I knew there was a catch because of the price- turns out the owner has tenants in place another year w...
Tandi H.
Owner Financed deal suggestions needed
I posted about this in the Creative Financing section but didn't get many responses, so I'd like to ask here. We are looking at purchasing two side by side duplexes, from the current owner. She is a neighbor/friend,...
Amanda G.
Win-win for an elderly seller?
A grandfather is FSBO-ing his deceased mother's house. He had a tenant in it, but didn't get several months rent before they left. He just wants it gone. His thinking is that he doesn't want his heirs getting $200/mo ...
Rupert Pupkin
Buying a property with tenants-getting them out
In California, if you buy a property that has tenants on a one year term, does the lease agreement survive the sale? That is, if I bought a property and the tenant has another 6 months to go on their lease, can I get ...
Shane Wood
I need advice - 4 plex, hard money, refinance question
I'm at a crossroad and need advice. My wife and I have a plan to 'house hack' a 4 plex so we put our SFH on the market to sell. The plan is to owner occupy a 4 plex with an FHA loan so that we only have to put 3.5%...
Alan Sweeten
Help! Title issue in SC and trying to close.
We are supposed to closing in 8 days on a duplex in South Carolina and I just found out that the previous (deceased) owner had joint ownership on title of property at some point. Then changed title to himself using...
Tommy Barone
First Meeting with Lender Advice
I'm looking to start the investment process so the first thing I did was talk to a person that I knew that works for a lender in Rhode Island. It's a bank that many people have had great experiences with. After runni...
Austen Sweeten
Utah Advice Needed - Should I Sell townhome or Rent it Out?
Advice Appreciated! I own and live in a townhome right in a booming part of Pleasant Grove. I purchased it about 3.5 years ago for a good price with an excellent rate. I owe about $145,000 on it and my mortgage plus (...
Ewan Tong
Is this type of partnership legal?
Hi everyone! I am an international investor new to the US market. Every year, I stay in the US on business visa for a couple of months and scout for multifamily properties, mostly in Chicago, NYC and Boston areas. I f...
Jim Zatko
Mortgage on a rental
For most of you that do a buy and hold strategy... how long of a mortgage do you get and why? For instance, a 10 year, 15 year, 30 year?