Frank S.
Will lender provide financing on a house w/o inspecting interior?
Hypothetical question - I own a house free and clear and would like to take out a home equity or mortgage to fund an investment property purchase . However, due to an ongoing tenancy issue an interior inspection for t...
Brian Cheng
Should i evict a tenant to live in myself, or continue renting
So i came across this duplex and it costs roughly 270k to purchase. both unit occupied with tenants already. Tenant A current rent 1300, tenant B current 1250. Both in the house 5+ years, and never late payment accord...
Aimen Shawki
Adding a room to a duplex in Hawthorne, CA
Or any part of Los Angeles really. I'm a first time investor about to put yet another offer in on a duplex here in Los Angeles. Specifically Hawthorne. Property has one 2/1.5 @ 1200 sqft and 2/1 @ 800 sqft. I'm intere...
Alan Sue
Power of Attorney for a purchase without an address
Some background, I'm an American living in Japan, and trying to do real estate in the US from abroad. That makes for all sorts of fun beyond just the time difference. It also means each notarized signature costs about...
Jordan Burnett
Net Income and Distributions Calculation
Pardon my ignorance, but in reviewing some income statements for investments I'm trying to make sense of some napkin math concerning Net Income and Distributions. For distributions to occur for a multifamily property,...
Corey W.
Lender requiring Comfort Letter
I'm in the process of purchasing my first duplex. This is one I'll be "house hacking" so I applied for an FHA loan and made an offer on a property. However my lender is now requiring a comfort letter from a CPA. My re...
Marc Shin
How to prove that an activity performed was "material participation" in real estate
Hello. I'm going to keep track of my real estate activities in management of an STR, and will track the activities using an activity log. My question is - how do I prove in the time log that I performed a particular ...
Joel Di Piazza
"Subject to" Mythological or Legendary strategy???
Hello all, I know in my own research that subject to is legit strategy. I have seen the pros and cons of it throughout my own research. I have found that there is always missing pieces to the puzzle and not everything...
Aaron Schwartz
Short sale on a Reverse Mortgage?
Is a short sale directly with a lender required on a property with a reverse mortgage? HUD website says that the heirs of the property with a reverse mortgage can sell at fair market value even with negative equity an...
Navroze Pirza
Evicting a Garage Tenant
Need some advice....I bought an apartment building in Ontario a while back, which had a large external garage. The garage was rented out to a tenant, who I kept on.I increased the rent, and while the garage tenant re...