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Purchasing an investment property with 5 % down?
Hi,I'm very new to Real estate and I'm thinking about buying a condo here in Chicago. I'm quite aware most lenders won't finance an investment property unless I give a 20 % down payment. I want to give a 5-10 % down p...
Alex Stezskal
Property history concerns? - Treasury Dept Auction drug bust
Under contract to purchase a SFR - our first investment for long term buy and hold. The seller purchased the property via Treasury Dept Auction in 2016. The property had been seized by the government after the then ...
Alex Stezskal
Property history concerns? Treasury Dept Auction Drug Bust
Under contract to purchase a SFR - our first investment for long term buy and hold. The seller purchased the property via Treasury Dept Auction in 2016. The property had been seized by the government after the then ...
Tauna Eranio
Tenant accused of manslaughter
We found out today that one of the tenants on a lease has been accused of manslaughter. His court date is in early Dec, but if he is found guilty, could that cause terms for an eviction?Upon move in, none of the tenan...
Jeff S.
Discriminating against felons
Interesting article in my "Landlord Times" by Robert J Wise, a lawyer in Kansas City, and a former executive director of the Missouri Apartment Association.
It says: "New York and Philadelphia have enacted ordinances...
Denise Evans
Tenant Background Checks and Fair Housing Violations
HUD recently announced that relying on arrests (without convictions) for tenant screening violates the Fair Housing laws. Also, relying on convictions as an automatic disqualifier violates the Fair Housing laws. Scree...
Seth Quade
Tenant applicant with criminal history in the past - advice please!
Hi everyone,I have a SFH rental in Decatur (Atlanta). The property is in I would say a C+/B- part of town. I have had in up for rent through my property manager for close to 2 months now (slow market). I finally go...
Benjamin Richards
Found out new tenant has criminal charges pending
So this is great. I just accepted a family in our condo with great income and credit. Credit and background checks passed. But now my wife found stories in the news that the guy is facing felony charges surrounding hi...
Dahsiem Baylor
looking to get a real estate license in nj
I am a convicted felon in nj. Although my conviction was in 2003 ( which i served 5 1/2 yrs in prison and 5 yrs on parole after release) it seems like i'm always going to be a covicted felon. My current job is telecom...
Theodore Arzt
Old criminal record
I have a potential tenant who sounds really good overall. He and his family are interested in moving in. At the end of showing the place he pulled me aside and told me about his record. 10 years ago he got a convicti...