My mom passed away a few years ago, and the main asset that she left behind was her house. I have three siblings, so each of us were entitled to 25% each. However, my two youngest siblings did not want to keep their i...
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I have a deal with the seller where I pay 10% downpayment and they are willing to be in second position for the rest. However I need help find a lender to allow the seller helping me out with the downpayment. Does any...
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Are there any special considerations when buying a property that has been partially rehabbed?
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Hey All,I have an apartment complex under contract that the seller is willing to carry back the down payment at exceptionally favorable terms. Does anyone have any commercial lender connections that will allow the sel...
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Apart from eRentPayment (tenant refuses to set it up!), are there ANY other simple ways to collect rent but block partial payments?? Do not like the drama associated with meeting in person or mailing rent to a PO bo...
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Hello all,I have an owner with a decent amount of properties willing to sell and finance them to me.I have several logs in the fire currently and don't have all of would be the down payment for these properties.I've u...
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Hello!
I need a 3 ton system for a split level home. The basement is rented out and in approximately 5 years, I will be moving out of the upstairs unit and renting out both the upstairs and the downstairs. I live in ...
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We're looking at a property and our loan broker has suggested DSCR. My understanding is that we'd pay $1,000 for a rent appraisal which would have to come in with a ratio of at least 1.0 (i.e. at least as much rent as...
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Hi Folks, I need some help please in how best to structure a deal (never done this before). Here are details:
$50,000 (list price) tri-plex with two units occupied. Third (larger) unit needs $15k in rehab. ARV should...
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I have a question regarding timing. Here is the scenario. If I sell my investment property for 1.3 and the strike value is 1.1 for replacement property, there will be a 200k taxable boot. My question is this.....wh...