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I am working on a deal, the broker has stated they have fannie mae lending for this commercial property and it is non recourse.Are the lending qualifications stricter?Any thoughts or insight?
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Hi Everyone
Thank you in advance to anyone who reads my post and provides a response to my questions.
The property ( condo apartment ) is in Broward County , Florida. The tenant has now left the property ( He has h...
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Hi wanted to get some feed back who are you guys using to wire your flips/ renovations in the area?I've talked to a couple of companies in the area and they are doing for for investors. How are you paying them? How mu...
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All:Does anyone out there have a unique or a creative solution for dealing with security deposits? As a landlord of many college student rentals, I spend an inordinate amount of time every year on this (seemingly) sma...
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Introduction
When it comes to home renovations, the financial aspect can often be the most challenging hurdle. In my quest to find a solution for my own home improvement project, I stumbled upon Fannie Mae's HomeStyl...
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Hi all,
I just recently purchased a 4-unit property in the Merrimack Valley area of Massachusetts.
My plan is to owner occupy one unit and rent out the other 3.
As closing approaches I am thinking of ideas on how t...
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Is it legal for a Tenant to insist on using their security deposit in lieu of their final rent payment? Any insight on this would be great.
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How do we protect ourselves from a tenant causing us significant damage in excess of the deposit amount? e.g. if we add a clause to the lease contract stating they will be liable for all charges due to their purposef...
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There is probably an obvious answer to this question so I apologize, in advance, if I'm missing it.
When one buys an apartment building and the current tenants' security deposits are transfered to you as the new own...
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Has anyone used a certificate of deposit to hold a tenant lease security deposit? Upsides? Downsides? I saw it on a state government website for holding security deposits and never heard of it.