I'm looking to get a construction loan to build a 6-plex. My online research is not getting me anywhere and our local banker is asking for 2 years back tax info, loan application, personal financial statement, survey,...
I am currently screening tenants for my rental apartment, a few of them have good credit score (above 700) but their credit history is only 0.5-1 year old. Can this be a good enough reason to deny their application?
I have the opportunity to buy property not on the market. They are ready for a contract and want to sell and retire. What do I do? I don't know where to get contract forms or to know exactly the wording in the contrac...
I have a person on section 8 i've kind of been working with. She has a voucher for a two bedroom house, but our unit is a 3/1.5. Will she be able to qualify? She and I are both new to the program and trying to get inf...
Hi,I am making my first offer as a rental property investor and my realtor has given me paperwork for the offer along with some contract papers. One of the paper is about Exclusive Buyer Agency Agreement and one of th...
We have our first rental property in Indianapolis under contract and I've received a couple quotes for homeowner's insurance, 1 was nearly double the other. I was hoping there was a standard amount of coverage/deducti...
Saw a quadplex and thought it was a SWEET deal. Did the numbers using estimates and it worked. Then I found out about the $25k taxes. Then I found out the $14k expenses. That is $3k on top of the $6k($9k total) mortga...
I'm about to start my marketing for motivated sellers but I feel that I should have a good contract hammered down in case I get a potential lead. Any suggestions on how to obtain one or who to go to? Im from Morris co...
Hello,I am looking for financing options on an investment property. This will be my 4th investment property but only the 2nd one where I have direct mortgage obligation The others are only under my wife's name. Howeve...
We have one side of a duplex rental property for lease and an LLC has contacted us about leasing the property. Is there anything we need to be looking for or more mindful about? (For the application or the actual leas...