Teck Kang
Refinance? a hard money loan to a regular mortgage for flip prop?
I purchased a property for flipping using my real estate LLC. The hard money loan I used covers the acquisition and renovation of the property. Its a interest only loan and is valid for 12 months. The property hasn't ...
Brendin Wood
Property Taxes & Insurance on a Flip
Question - If you only own a property for a few months out of the year, would you pay the taxes on it for the few months you worked on the home?We will be purchasing our first flip this Summer - all cash or hard money...
Johnny S.
How long after Lease is up?
How long do tenants legally have to stay in the home once the lease is finished? Also do you have to give written notice to tenants that you will not renew the lease?
Thanks
John Paul
Waiting for Bank to sign
I am about to buy my first home through foreclosure -- I accepted the bank's counter offer and signed all documents on April 8 (10 days ago) and agree to close on May 8(they want a quick settlement). It is a local ban...
Kimberly T.
How to verify income with military applicant?
I have received an application from a prospective tenant who is with the Army, but he did not provide any contact info for me to verify his employment/income. I will request that information, but due to my lack of exp...
Jose Sison
Property going to auction
I have a property I was trying to get under contract from a seller who has an auction date set for later this month. Is it normal for the bank to send an appraiser out to look at the property before the auction date?
Daniel Hart
What is the propery way to sign under POA?
My seller has a POA for his wife. What is the property verbiage for his signature for her on the sales contract?
Thanks!
Jason Malabute
finding a Key Principal process
I'm working on my first apartment deal. I might need a key principal if purchase price /loan amount is above a certain amount.I was told I should start looking for a key principal well before I find deal. Is this true...
Tony Castronovo
Why running your real estate as a business pays off
I'm still on a bit of a high. Had a great initial meeting with a bank this morning to discuss financing me for a significant purchase into the multi-family arena. I started in real estate about 3 years ago and have ...
Mindy Jensen
Semantics? February has 28/29 days. How does 30 Day Notice work?
A question about a 30 Day Notice for a Month to Month tenancy brought up a question. This year, February has 29 days, but 75% of the time only has 28 days. Does a 30-Day notice on January 31 mean tenancy ends at the e...