I had a borrower come to me with a request for a hard money loan this week. We are asset based lenders, so we lend primarily on the value of the property, and not on the ability of the borrower to pay us back. However...
Hi Everyone,I'm in out-of-state investor looking for my first property in the greater Cleveland area (Euclid, Lake County, Parma). At this stage, I'm looking for recommendations if there are other areas I should be lo...
Hi All,
My situation: First time home buyer. I was approved for $320K by a lender. I am located in Florida but I am open to relocating anywhere in the US for the right opportunity. My plan before I knew anything,...
I'm looking at buying my first rental property that was specifically intended for rent (as opposed to my current rental which happened on accident after the crash).I just want to bounce my thoughts off of BP as a soun...
We have come to an impasse on the sort of stove to put in our first rental. One says gas and the other says electric. There is a gas line & electric hook-up available for the stove. The house has a gas water heate...
Here's a good article for those who are actually interested in Michigan's recovery.
Since the recession ended in 2009, Michigan has sported the nation’s sixth-highest job growth rate at more than 6 percent. T...
I just had a couple of quick questions. How long past the rent late date should one start on the pay or quit and eviction process? Are there other steps to take that could possibly help the situation before taking it ...
I've heard previously that it's difficult to fill vacancies in rentals during the winter, especially in Michigan, because of the harsh weather and no one really wants to move during these times. Is this enough to post...
good afternoon, I appreciate your advise in advance.
I have a tenant who sent me screenshots of some conversation where he was letting the upstairs tenant know they were being loud and asked to quiet down. The all...
I created a warranty deed along with a promissory note on a low income property in High Point and sold it to a buyer. The buyer didn't make the payments and at one point went to jail abandoning the property. Now the b...