Zach Cicero
Wrap Around Mortgage Upstate NY
Hi Friends,
One of my connections is selling a duplex in Rochester, NY for $85k. I proposed seller financing because my cash is tied up in another mortgage I just obtained. He said that wouldn’t work because he has a...
Jillian La Rocque
Your feedback re a potential Real estate development project
I live in the Caribbean (the Commonwealth of Dominica). I would like to purchase large parcels of land and develop them to sell smaller residential lots. That development would involve putting in better road access, u...
Steven Anderson
financing and other issues for tenants in common? feedback needed
I, and three other partners, will be constructing and holding for rent a new duplex. We primarily focused on doing so in a LLC structure. Given the financing limitations of LLCs I was wondering if anyone has any exp...
Deb Houghton
Eviction and Chapter 7 + disability
I have a tenant we are trying to evict in Trenton NJ. He filed for Chapter 7 and got a stay and than told the judge he is waiting for disability because he had surgery. We filed paperwork to start the eviction again...
Jesse M.
Potential tenant's rent paid by employer - bad idea?
I have a potential tenant whose rent will be paid by their employer. Essentially, this person receives a stipend and spends as they wish. What could go wrong? When I call the HR department, what specifically should I ...
Jazmine S.
Does this contract clause/contingency look familiar to anyone?
"Purchaser further agrees that it will not enter into any contract for deed or lease with option to purchase agreements regarding the Property, unless Purchaser is a non-profit organization or has obtained Fannie Mae’...
Jason Favaloro
Single room occupancy rentals in Massachusetts
Hey everyone. I am inquiring about SRO renting. I currently rent a unit through section 8, but they told me they do not deal with SRO rents. I have a building in an area of town where I think SRO rentals would be bene...
Micah Loewen
Tenant paying for garbage collection?
I have a rental in a new rural development that does not have city garbage pickup. Most neighbors just use local dumpster providers, is it my responsibility to pay for the dumpster? Should the tenant arrange for it an...
Stacey Clark
LLC Partner Asking for my Exclusive Funding
Background: My partner and I created an LLC exclusively for the purchase of a multi-family property in KY. We both put in equal amounts of personal cash into the LLC's bank account to cover purchase costs and rehab ...
Bill W.
Equity Partner
We are just starting out and we are going to partner with my wife's brother because his credit score is much higher, has equity, and no time. We have the time to find deals, get them under contract and do the rehab, ...