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Hey Everyone,I've had an off-market duplex deal sent to me by my realtor that looks like a really good opportunity. It's in a great neighborhood, is fully rented and the purchase price is reasonable. The only misgivin...
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Actual Questions I’ve Been Asked by Borrowers/Brokers
1. My client is worth over a billion dollars. How quickly can you make him a $25,000 loan?
2. Do you lend 150% of appraised value?
3. How much down payment do I...
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Hi BP! I'm leaving the REIT where I did accounting and short-term leasing for retail shopping centers and heading to a property management software company where I'll be doing sales. Wages are likely to be 60% salary,...
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Hi,My family passed a duplex property to me. The rents were way below market value, and the tenants are giving me issues. What do you guys recommend to buy the tenants out. As Los Angeles is tenant friendly, we can't ...
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Not sure what my options are. I was sold a property that I was told was on a particular sized lot. The Lawyer/Escrow company did not find out that part of that lot was considered a separate lot. So basically, there ar...
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I am thinking about not renewing my lease (which is expiring in a week) as I want to sell a house.The property is in CA. Is it good just tell the tenants about not renewing and ask them to move out. I know the require...
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I got my first call that my SFR was on fire possible electrical. The property is free and clear. the insurance policy is cash value for $60k purchased for $14k...no estimate on damages yet.
Any suggestions on what I ...
My property management company received a call from my tenant..Now I think the tenant wants to break the lease because of what he said. Do you think I have any legal recourse against the maintenance man for giving rec...
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Hello all, I'm asking this question on behalf of a friend. The seller is insisting that they will be keeping the Ernest money as well as suing for repairs they made to get the property in compliance with FHA standards...
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Hi, I've got 2 leaks in my apartment - both stemming from an external issue. The front is the lintel, the back is unclear, some contractors say the lintel, some say the fire escape. I've had the issue for a year - 2 o...