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Who is at fault for this complete mess - foreclosure victims, banks or the government? - Discuss
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I'm under contract to buy a 41 unit park owned MHP in New Mexico. Almost everyone I've spoken to so far says they either don't finance MHP's or that the sales price is too small for them to finance. Where are people...
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Here in New York we were ordered to not travel. They deemed what was essential and what wasn't. I have seen mixed reactions from landlords on how they are handeling tenant issues during this time. Can anyone on lockdo...
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I am considering becoming a landlord but I'm worried because I've seen a couple posts about tenants causing thousands of dollars in damages. I'm wondering, why would a tenant ever cost you money like that? Can't yo...
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Hi all - another newbie question on an 8 unit.I am running the numbers on an 8 unit (7 units occupied) that i am considering currently. What do you guys think of the commercial loan terms my lender is offering? She is...
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I'm sure this may have been covered in the past but when I did my search I came up empty (probably using the wrong terms). My situation is as follows, throughout the years of being in REI I've acquired a few private l...
Hey everyone, I have a question about qualifying for a 203k loan. I live in Philadelphia, PA. My credit score is 696, but is only 1.5 years long. No late payments. Made up of 2 credit cards and a student loan. I am a ...
The federal government shutdown began October 1, 2013. The shutdown has already affected borrowers, the housing market and the national economy. According to Mark Zandi, Moody’s Analytics chief economist, the sh...
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This is for a dream home in my “dream” location. A run-down duplex (that is deeded as two single family homes) is on the ocean, surrounded by 8+ million dollar homes. Due to the uniqueness of the opportunity, (there a...
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Hello everyone. I come across an opportunity to purchase 16 units in Beaumont Texas. Any thought on the area? Does anyone has multi units experience in Beaumont Texas ? What is the typical rent for 2 bed 1 bath? Can y...