Lease will end at the end of May. I offered a renew at the end of March, there is $100 increase on the renewed rent, but it is still below market. In my renew notice, I said tenants either renew or vacate at the en...
For those that due PM lending, could you please share length of note if you are splitting net profit instead of rate and/or points? I have a six-month balloon on current loan but realize this might not be adequate ...
I'm trying to figure out what is going on and looking to see if anyone experienced this. I took out a mortgage in 2014 against a rental condo. It was a 5 yr, 20 year amortization. It came due in Feb. I reached out to...
News media outlets are all reporting "Supreme Court declines to strike down the CDC moratorium."
However, the National Association of Realtors has sent out an email stating that the court ruled that the CDC does not...
I signed a purchase agreement through a broker to buy 15 acres. The land is 15 minutes from Bixby, Oklahoma. From what I understand the property is going through the probate process. I signed the contract January ...
I have been on my lender's a$$ to close on refi for about a week now.. I have email from the admin lady (the lady who work's for the lender) that the lock expires on 9/2. Last night I got email saying that he is worki...
Hi-
I'm a newbie in note investing...but have a situation that I'm trying to resolve with 3 of my real estate properties.
Here it is: I bought 3 residential properties in NY 5 years ago and the seller carried the n...
I own a condo, value approx $700K. Tenant paying $3500/mo, wants to buy the property. So far all good news - I will have to 1031 the gains from this sale into something else, ideally a tri/quad outside of CA. Quest...
Hello,
Currently I have $150 cash flow monthly from a rental property with interest rate 3.0%, and I would get >$400 cash flow if I do refinance (of course, higher interest rate for sure). What would you do? keep...
In July of 2015 we bought a 26 unit self storage for $39,000. On land contract. We Put $5000 down. We currently owe around $26,000. The balloon payment comes due in July (2 yr loan). Now my question is How do I get a ...