Jacob Budzynski
Collecting rent through option agreement
I have an option agreement to buy on a triplex. I gave the seller a down payment on the option, I also keep the rental income from the property in return paying the seller a monthly payment. My question is, since I am...
Tom Tao
Good/bad time to get loan for SFH investments?
Hi,
Recently I am struggling on whether I should get a commercial loan out for some SFH investments. I have a commercial property at 1.6M, and the broker said I could get 1.1M at 6.8% rate.
I am a bit torn as a lot ...
Ryan Thomson
Garage Conversion: 10 Things to Consider
A garage conversion can be a cost-effective way to add living space to a property and potentially generate income through renting the garage apartment (or living in it and renting out the main house). Here are some co...
Edgar Sanabia
converting garage in STR
I just want to hear peoples experience on turning there garage into a short term rental and the process .... thank you
John Thedford
Our REIA Meeting With DBPR: re what is unlicensed brokering
We had the REIA meeting yesterday. DBPR was kind enough to send an investigator down and cover the topic: what constitutes unlicensed brokering. She did address one specific case where the file has been turned over to...
Account Closed
New investor would like some guidence
I am interested in doing creative financing.... Lease Option Purchase....Assignment of Contract, etc....
If I understand....first find a property..... preferably FSBO.... work out a deal with the seller where I give...
Tamyia Davis
1st Land Flip Question
I am contracting with a seller and am trying to understand my options on the close for my first land deal. I am considering a buy and hold or a flip. If I buy and hold it would be considerably less than if I flip it...
Mark Kenneth
collecting fee outside of closing
Good News !! I was able to get my extension on the short sale.Now I just have to get my buyer to pay my fee.Any recommedations or experiences from you guys for collecting your profit outside of closing. We were doin...
Chris K.
Getting a mortgage !
When getting conventional loan, how far back will lender look for personal income?Because of coronavirus my income is down 35% in the last year which may affect my loan amount or will lenders take these circumstances...
Billy Gardner
Is this a good deal
I just put this property under contract and I want to Know if this is a good deal below is the info
Value- 111,190
Under Contract- 72,000
repairs- carpet and paint
Arv ? how do I determine t...