I'm selling a new construction house as an individual without a Real Estate agent. House is listed for $425K and I have 2 offers on the table.
1st offer:140K down payment, rest conventional mortgage
2nd offer: 10K d...
I am new to real-estate investing. I have a tenant who immediately upon moving in told me she did not have money to pay the rent and applied for ERAP. She was approved and I have been paid but payment is consistently...
Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
I am in the process of leasing out a rental unit. Its a low income neighborhood and the tenant had some financial hardships in the past which I have agreed to overlook in exchange for last month's rent up front (rathe...
Hello Everyone,I'm toying with an idea that I had today and was wondering if the forum would help me shoot holes in it. I'm thinking about a family syndication that would allow the parents (my parents and their sibli...
Hey BP,I’m looking to purchase my first performing note. While there are plenty of resources related to non-performing notes, I’m having trouble finding anything that can give me guidance on 1st position performing no...
Can a Property Manager apply their fees against a tenant security deposit even though the tenant has not moved out during that transition time of property Management? Also, as an owner, I was not provided all the Fee...
Hello All!
I don't know if this is a Market-Place question but I had a fellow investor express his concerns about selling his homes on Land Contract so I'd like to pose the question here, using our terms: Does our m...
Looking for some advice - am a first time landlord in morris county nj renting out my one bedroom condo. What is your opinion on using venmo or similar service to collect the rent? Thank you.
I am in the process of buying a house that are friends of the current owners. They are on a month to month written lease with no deposit.The current owners said they have been good tenants with on time payments. The...