Kelly N.
How much cash to keep in reserve?
Hello all,
We are just staring out, closed on our first rental property in January and waiting to close the second. Our plan for the the first year was to purchase two cashflowing properties, then use the cashflow ...
Syeda Naseem
Tenant not paying rent in Chester PA
Rented my first rental property recently and now tenant is not paying rent. Did not pay Sept rent's and Oct's rent is over due now. She moved into the house in Aug and paid first month's rent. The house had issues and...
Douglass Belt
Tenant Paying for Energy Audit
I tried searching the forums for this topic and could not find one, so apologies if this has been asked before and I did not see it....
I have a tenant who wants to pay for an energy audit (Includes installat...
Jasmine G.
Financing first rental
I am looking to purchase my first rental property. I currently own my primary residence where I am responsible for the mortgage. My husband on the other hand is not tied to the mortgage and has the ability to obtain a...
Norman Perkins
Hard Money Loans with down payment requirement?
I was recently searching for a hard money lender in Florida and came across a company that requires a 10% down payment. I have in the past dealt with hard money lenders and never heard of a down payment requirement...
Andrew Whicker
Triplex under contract, full occupancy, want to purchase under FHA (need a tenant removed)
Hi,
A few facts:
- Triplex under contract
- 100% occupancy
- FHA loan secured
- 100% tenants on month to month leases
- Due Diligence stage is almost complete.
The question...
Charlotte Dunford
Broker playing mind game with me?
Have you ever been under contract, and doing your due diligence, and you find a bunch of problems. You ask for a concession, but the seller's broker keeps telling you that they don't really care if you back out becaus...
Jon S.
bought second questions!
I just bought a second at a ts in CA (it was a 2nd mortgage, not a HOA lien) The property has equity.
The first is scheduled to sell in a week. So I need to pay it off asap to keep it from selling.
How do I go ab...
Chris C.
Selling Contract for Deed vs Selling Note
Theoretical deal:
3/2 in South Carolina
I purchase this property, rehab, and resale with contract for Deed. Buyer puts down 5k and sign contract for deed of 65k. Comps support value of 70k. Nice working class neigh...
Ay Zed
California Landlord wants $500 from our deposit for this?!
1. landlord did not call this discolored ring out during initial inspection, even though it was there and our belongings were not in the way, he did not leave us a list to be fixed2. after we moved out, he did a fina...