Albert Johnson
Electric Meter issue
I have a property with 3 units on the lot. I have it registered with the county as multifamily rental under one address. Two of the units have their own meter. The third has a submeter.
The problem is one tenant said...
William Hanlon
Looking For Support
Looking to learn more about no cash deals or taking over payments. I see these signs every where. How can someone take over payments? Its my understanding that you can only take over FHA and Military loans without ...
Parag Chokshi
cancelling property management contract
i have just signed a contract with property maangement company about 3 months ago. i am not happy with their services. They never respond to my phone calls, emails. they manage to get my property rented last month fin...
Marc C.
Albuquerque Market News
Would love to see more discussion of the status of the rental and housing markets in Albuquerque, New Mexico. Here is some positive news: 3RD QUARTER 2015 ALBUQUERQUE APARTMENT TRENDS EFFECTIVE RENT$754OCCUPANCY95.1%...
Brian Mackey
No Realtor Involved - Off Market Deal
Hello,
A seller and I accepted an offer of 288k on her duplex. It needs a bit of work, but I believe as my second House Hack, it will work out well.
My question is this: Her friend owns a title company, and she wou...
Sophie Wang
Due diligence before foreclosing on tax lien certificate?
Hey guys,
I started purchasing tax lien certificates several years ago, and a few of these certificates passed the redemption periods and I can foreclosure on them or apply for deeds (procedure depending on the state...
Kwok Wong
Should I go to first mortgage lender for HELOC?
Hello everyone, I am trying to apply a HELOC for my first investment property. Is it a good idea to go to the first mortgage lender?Also, given my current interest rate at 3.375% and economic environment, is it better...
John Cantu
EIDL Collateral Confusion
Hey everyone. So I got approved for an EIDL in excess of 25k. I know that over this amount requires them to take collateral, the details of which are very obscure. My concern is if I sell any property as a result of m...
Jabbar Adesada
Land Trust to Reduce Risk of Due on Sale Clause
Hello BP!! Anyone familiar with how one can use a land trust to gain ownership interest in a property? Pros and Cons? I have been doing research and found something saying by utilizing a land trust one can reduce risk...
Kenny Chen
Can you lie to lending officer?
Can you lie to lending officer regarding existing seller financing loan that I had and not telling them to applying for mortgage pre-approval. Four years ago, I bought a mix-used building using seller finance and I ha...