About 4 months ago, I purchased a my first 16 units apartment. I got a property manager as I am busy with a day job and I cannot see myself manage property. When we bought it 2 units were vacant (needed some work, one...
Polling the audience here for your experiences purchasing and selling Real Estate sight unseen as an investor. I had a decent buy and hold portfolio going and had to liquidate for some family reasons. Now I'm ready ...
Here's the scenario. If I have $100k to exchange. I want to buy a $200k property for $125k. It expect about $25k of repairs & other costs. I want to transfer the whole $100k "into" the property. I want to bor...
I am fairly new to the world of commercial real estate. We are looking to close on a multi-family complex in a college town. We have been told that it is recommended that my partners and I offer $15k-$20k in earnest...
Every local bank I've applied for always want to refinance my mortgage. No way..I have a great rate. Why can't I just get a HELOC without refinance my home.
Current lease is through the end of August and my tenants informed me at the beginning of June that they would like to move out early. I have agreed to this stating that until there is another tenant in their place , ...
Good news! I got a deal on a Duplex. Now the bad news. It appears each side has its own deed.
My lender says that means two loans, which seems bad because it would eat up two of my initial 10 FNMA loans and I’m guess...
Have an opportunity to assume a VA loan and wondering if I HAVE to do it in my personal name, or if my entity can assume the loan. So far striking out on doing internet searches and looking on VA website.
Hi. A friend of mine has a residential SFR with an ARV of ~$400k in Southern Cal here where we live, and is asking me for help to fix n flip so she can cash out of the property. She owes $257K. I have the cash for the...
I've been working with a contractor on some renovations and they are threatening to take me to court. We do not have any signed contracts in place. What we have is a good spreadsheet with a list of tasks, and as the...