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I'm taking my real estate course to get my license. And we we're spoke about promissory note. My professor summed up what it meant, and I didn't get the chance to have him clarify what it means exactly. Maybe a exampl...
I am trying to leverage my home's equity to access investment funds but I've run into a road block. I have tier 1 credit and according to the bank there's roughly $140,000 in equity in my home, but my debt to income r...
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In Cincinnati Ohio, renters won’t necessarily need a cash security deposit anymore under a new law passed by Cincinnati City Council. This will help alleviate barriers to renting an apartment, the law says landlords m...
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Hey folks,I am full speed ahead to close on my first duplex in mid-January. Will be utilizing this as a house hack. I need to get my banking situated for property expenses and am looking for suggestions on the best wa...
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Im getting ready to make my first offer on a quadraplex here in FL. From what I understand from reading is that it's desirable to close on the 2nd, 3rd, or 4th of the month in order ti collect prorated rent from the ...
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Hey folks,
Just wondering if other landlords can share their experiences in filling vacancies. Any creative ideas?
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I’m purchasing a fully renovated, vacant 3-unit multiplex in Hartford, CT, for $450K. The anticipated rent per unit is $1,700-$1,900, annual rent 68,400
I’ve been quoted a 7.125% rate on a 30-year fixed mortgage from...
I have a potential buyer who is willing to pay the asking price for my house, however they are approved to get $30k short of asking price. Can I give a sellers finance as a second mortgage? I’m not sure if that is do...
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Hello, I'm very close to securing my first tenant and he happens to be a grad school student. I am asking him to pay first & last month's rent and a security deposit up-front. I understand that this may be a lot o...
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Hello All,I'm seeking the collective wisdom of the BP community to try and get some insight on a situation involving a pending RE transaction. Here's the scenario...We are currently under contract to buy a few rowhom...