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We Purchased this mobile home park June 27th of this year. One week ago a tenant who owns his mobile home, is being charged with Murder of his girlfriend. This did occur in the park. I have no idea if I should make a ...
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Hi all,We are in negotiations on a commercial property and I have concerns about the following two sections we had written into our letter of intent:- Certificate of Occupancy: Shall be applied for by Purchaser with t...
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Seeking advice or examples of partnership structures that would interest buy and hold investors.I come across cash-flowing, turnkey properties but don't have the 20%-25% downpayment to obtain an investment property mo...
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I'm in the process of refinancing an out of state rental property. The lender has required a 'Prior to Docs ( “PTD” ) Condition':"Business Verification Needed - Broker to obtain a CPA letter to confirm the borrowers c...
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Borrower has now requested mediation. What should I expect with this?We have long been proponents of renegotiating the mortgage. But the delinquent property taxes are too high.Borrower's take-home pay is ~ $1,500 - $2...
How much is it per sq ft to build in Detroit and surrounding neighbourhoods - Michigan? Must include:
- obtaining all licenses and permits
- tear down of existing structure(s)
- complete build including finishes
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Private lenders in Florida will lose their business purpose exemption if a bill introduced just a few days ago, passes the state legislature. After an almost identical bill was vetoed by then-Governor Rick Scott in 20...
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Hello biggerpockets member! Can getting involved in real estate, an a newbie investor, effect the opportunity to eventually obtain an FHA loan down to road??
I know the program is for first time home owners who must ...
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I'm in the process of doing my due diligence on a property. My partner is suggesting we demo out a specific wall. I am not sure though if it is a load bearing wall. I would assume that the original blue print for the ...
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Hi all!
Im looking at purchasing a 4 unit property. The listing price is at 1,275,000. The maximum fha loan limit in the county is 884,600. Is it reasonable to think I can do a FHA with my lender at the maximum and h...