Danielle Z.
HELOC on a second home (not a vacay prop)
I'm pretty new here. I'm looking to take out a Heloc on a rental property I have. I find many lenders will not do a HELOC on a property that is not the primary residence or a vacation home so I'm struggling to figure ...
Mark M.
Evicting residents who are NOT on the lease
The lessee moved out and her friends moved in. How do we get rid of her friends? It seems to me they are trespassing. Wouldn't a sheriff be the solution as opposed to eviction proceedings?
David Acosta
PTAC vs Ductless Mini Split for Apartment Complex (Lexington, KY)
Hi All - I'm currently evaluating the pros/cons of transitioning a 48-unit apartment complex's boiler & chiller system to either PTAC or Ductless Mini Split for heating and air. I was curious if anyone had feedba...
Lance Bradshaw
Bridge Loan for On-Time Close, i.e. where are all the appraisers?
I am scheduled to close on a mixed-use property in Wichita Falls, Texas on April 26th and I've been pre-approved for a conventional loan but they have not been able to find an appraiser to pick up their appraisal orde...
Chanté Owens
Barron's article on rise of Detroit
This isn't exactly real estate related; however, since there seems to be a lot of conversation around the possible success/turnaround of Detroit, I found the article very interesting.
It's in the March 17, 20...
Jon Ostojic
How to bridge the gap and purchase new home before I sell mine
Hello everyone. Thanks for taking the time. I've been doing a live-in-flip in Seattle for the last 2.5 years. Two realtor friends have told me my house is now $700k give or take, with about $300k equity. We've conside...
Adam Steinbach
FHA loan not approved due to Appraisal rents not covering
I was under contract to purchase a 4 plex through an FHA loan with 3.5% down. My underwriting was complete and I was fully qualified, but the FHA loan was not approved because the rents listed in the appraisal didn't...
Jason Gass
Financing Personal + Rental Properties with Large Down Payments
I am moving my family across the country to the Portland, ME area. After the sale of a business and our current house in WA state, we will have about $200k to put down on a personal residence in Maine. Once back in Ma...
Tom Gorrell
qualifications for section 8 Orange County CA
I am truly inspired by a local family and want to help in any way I can. I am a high school teacher and both children who were born in the United States have earned strait A's in spite of the challenges that extrem...
Justin Franklin
HELP - looking to fimance a multi property deal
A trustworthy wholesaler just brought me a package deal with multiple properties on one street....advertised as a retiring landlord looking to cash in and actually retire. My offer will be ~$285k. How can I purchase ...