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Background: Our client bought a fourplex property (two duplexes) two years ago, and an inspection showed the sewer main on one unit was bad. We negotiated the purchase price down by $50,000. Recently, the sewer line s...
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I have a 7/1 ARM with a balloon payment of approx. $100K due 02/19 for an rental/townhouse in MS. Current value is approx. $130K.I would like to refinance this loan into a more traditional loan so as to get out from u...
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Hi Chicago BPers - Looking for advice from other landlords who have had CHA tenants in the past:I bought a 4 flat in Wicker about a year ago and I inherited a CHA tenant. I decided to keep the tenant in place and the ...
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I found this REO property that is in a flood plain, we had massive rains over the last week and the basement has 21 inches of water. We are not sure it is because the electricity is off so the sump pump is off, or if...
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History:
In 2014 the building had a fire and since then the entire inside was renovated and is now like new. However, the outside was not repaired, and today you can see black all over the backside of the building (w...
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I am currently looking at a house in upstate New York. It is located very closely to a Pond (+/_ 10-15' from edge of water to house); so it is very close. The house appears to have been a small cottage, and then a m...
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I currently own 18 units in Upstate NY and am running out of capital to invest in my next MF property. I've never used a partner before and am honestly a little hesitant. I like to have control and do not want to fe...
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This is a flip I'm having a hard time selling. It lacks curb appeal. What do you suggest? What do you think of these ideas:
- Small bench on the porch
- Paint the white vinyl siding a tan color (I wa...
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I am looking for how Maryland law handles abandoned tenant property. I can't find any reliable sources online. I am looking for information about storing the property for any length of time, can you dispose as you ple...
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Hey everyone!
I’m currently in a really tough position just looking for any advice I can get. I’m 19 years old and currently studying structural engineering in my 2nd year. I hate university. I had this idea that un...