Sateesh Kumar
Partially funding a 4-plex in Oakland using SDIRA
Hello,I am considering buying a fourplex in the Oakland area. I have little over 100k in an IRA from previous employer. Let's say I buy a 4-plex worth 1 million with 20% down payment, I will have to shell 200k out of ...
Joe Kvidera
DSCR that allows seller carry for partial down payment?
Working on a deal that the seller is open to carrying up to 10% of the down payment. This will be a STR and airdna fully supports a good DSCR. I've spoken to a few lenders, but they are not allowing a seller carry for...
Cody Anderson
Partial Assumable on Residential Mortgage - Ever Heard of it?
I know partial assumable loans were (and still are to some extent) pretty common place in commercial real estate financings, but does anyone know of a residential real estate lender who offers partial assumable loans ...
Marc Izquierdo
Using Cozy and implementing RUBS
Hi everyone
I am currently managing my duplexes using RUBS for water and sewer. I do the math each month and send my tenants a “rental invoice” which includes how much they owe in billed back utilities plus their ba...
Mary Danivell
Hold off between shell and core CO and partial CO
Our developer recently obtained the shell and core CO for the entire condo building. They’ve also applied for the partial CO for certain floors, but that CO has not been approved. I checked some other similar building...
Dan Kelley
VerticalRent, Buildium- Anybody using?
I've submitted an offer on a 6-plex and currently own a duplex. If I do get the 6-plex, I'd really like to start off on the right foot and have a solid system in place to handle the larger tenant pool. Are any of you ...
Linda Thomas
Eviction assistance question please help
Hey everyone,New tenant moved in 5 months ago. Upon move in, she obtained rental assistance and the agency paid her rent of 5 months and one months security to me about 1.5 months after she moved in. Effective 1/15 sh...
Account Closed
what type of online rent collection do you use?
fyi not sure what catagory to post this:Im trying to pick an online rent collection company to go with. I went through a list I found on biggerpockets http://www.biggerpockets.com/rei/pay-rent-online-p...and the close...
Sandra DeJesus
HUD is requesting partial claim after closing on my house in 2015
Hi. My name is Sandra DeJesus. I think I need an attorney. I closed on my house in North Carolina in July of 2015. About 3 months ago I received a letter from HUD letting me know that I owed them $20,000. I did not kn...
Rene Fernandez
Bank Reinstates Discharge Past Due Amount / Loan Modification
Hello,We are trying to refinance however, lenders are asking that we request a payoff or subordination of a lien held by HUD. We would like to know if you would recommend that we challenge the lien based on the follow...