Troy P.
Purchase a property with disgruntled tenants?
Hi all,I'm considering looking at a property that's been on MLS in my area for a few months now, I'm assuming because my agent told me the current tenants are making all showings as difficult as possible. I'm curious...
Roberto Lugo
Can you refuse section 8 in PA?
My friend has a rental in PA and is currently looking to fill its vacancy. He received a call from someone asking if he accepts section 8 and without knowing the law he said no. I know that this can potentially be dis...
Layla Rahm
Continue renting or sell - need advice
Hello. I own a property in Atlanta that I purchased as a foreclosure in 2008 for 340k. I completely renovated it and spent about 60k on it. The two mortgages on the property are $2400 total (of which $350 is principal...
Alexandra Gomez
Is this deal a good idea? Partnering with a contractor
Hello,If you were an investor and you got a proposal from a contractor for the deal below. Would you accept it? if so, under what conditions? what questions would you ask the contractor? what aspects would you conside...
Brian R.
Mortgage Fraud? Or Creative financing?
I am thinking about purchasing a multifamily investment in Rochester, NY using an FHA loan so I can take advantage of the 3.5% down [possibly the 203k if it needs some improvements]
I would be doing this and ...
Chris Seveney
Servicing Your Own Notes
I was curious what percentage of note investors perform their own workouts or self-service. 1. Do you only manage the workouts or do you also service? If answer is no to both, who is your servicer and workout speciali...
Luke W.
Increasing Section 8 Rent (Under market value already)
I purchased a duplex in October that has section 8 tenants in it. I haven't really had many problems with it, other than a minor electrical one (had to change a plug to get the circuit to work), but I believe the prev...
John Koopman
Questions about foreclosure auctions. King County, WA.
Hello!I'm looking to go to my first foreclosure auction soon in King County, WA. I have a few questions on the process of the whole thing. Here is an real life example for an upcoming auction: There's a house in my ar...
Herm M.
What are the restrictions of selling a short-sale back to seller?
What are the restrictions of selling a short-sale back to the seller?
Can I sell it back to them in 2 years?
Monica Kovalsky
Personal deposits with bank as condition of commercial loan
We are working on getting our 4th loan with a bank that we have used for financing some of our multi-family properties. They are now making a condition of the loan that we move all our personal accounts to their bank...