Does it have to be written into the contract that the security deposit and prorated rent will be transferred over to the new owner? Or it is assumed?

Would love some advice from the experts here...

Someone approached me with an offer to sell me a property -- he doesn't actually own the property yet -- he purchased the tax lien and has the intention of fore...

Hi my experienced friends, I recently ran into a situation. I have a cheap rental property in Indiana valued below 40K. The tenant offered to buy but he cannot find a bank that is willing to lend this small amount of ...

I currently lease a home I have been in for almost 4 years and pay over $5000 a month. The owner needs to sell. I would like to buy the house but don't have the downpayment. I will pay 100% of the bank note on the pro...

Hi there,
I'm looking for advice on how to secure a mortgage for an investment property with a foreclosure on my credit report from 2011.
I have an fha loan for an owner occupied two family I purchased last year. I ha...

Hi Everyone! I am in kern county, CA and in escrow on my first 4 unit property and currently 3/4 units are tenant occupied and am wondering if I should get those 3 security deposits from the seller upon closing? I spo...

I've just got 2 vacant lots and 1 lot with a dilapidated house on it under contract all for $11,000.  The properties are located in Orange, TX.  All three properties were acquired through a previous tax sale by the cu...

Hi Folks,   We all know about the unemployment rate, the stress out there, hear in the news about tenants not making rent, taking forbearance on thei mortgages.There's a financial risk rating system that lenders use, ...

Hello,I will be acquiring a 2 unit building using owner finance soon here in IL. Here are the details. PP: 147k Down Payment: $0 Monthly Payment: $1,200 Term: 36 Months Interest: 0% Balloon Payment $103,000.The repair...

I am thinking to get a collateral/secured loan against my stock portfolio. AND I want to invest that in a rental property and at the end of the loan term I wish to flip the property to pay back the loan.Please let me ...