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There is a property for sale that I like, I think it can make a good rental. The owner warned me it may be squatter occupied, and I went to look at it myself, it bad clothes hanging and 2 locked doors that I assume so...
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Hi All,
I am in contract to buy a 4-unit building in NJ that currently has tenants. All of them are on lease. I was hoping to get the property vacant since I believe there is more upside. Isn't it not possibl...
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I am looking for advice and direction on a deal that I have 14 properties under contract. I have a buyer that I am under contract with for 8 of the properties. I can get the money to purchase and resale the properti...
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We have a condo we're looking at leasing to a company for their employee. The company will sign the lease, with the employee listed as the tenant. Do we need a guarantor listed as well? The company's legal counsel has...
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In the event that you win a bid, place the deposit go under contract.. and you can’t get the funding for whatever the reason may be. Is there any penalties you face other than loosing the initial funds you placed on d...
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Hi All,
It's time to renew my insurance policy, and my quote seems pretty steep. I'm looking for any recommendations for Short Term Rental Insurance Providers in St Petersburg Florida, or good brokers. Thanks in adv...
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I have my eye on a house that is owned by a trust. The trustee passed away. I found that there is a "successor trustee". The man claims that he is not the successor and wants nothing to do with the house. I offered to...
I am considering purchasing 2 duplexes (4 units) owned by the same person. One is 14 years old the other 24 years old and in good shape. I'm working directly with the owner who built the places and he is asking $300k...
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Mortgage Rates End Week at Recent HighsMortgage rates were generally quiet today as bond markets wound down ahead of the 3-day weekend. While stock markets and many businesses will be open as usual on Monday, banks a...
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If your property appraisal comes in under the offer price, is that additional gap coverage treated as an acquisition fee or as equity in the property? My closing statement has it categorized as "down payment" but I d...