How do you search how much is remaining on the balance of someone's mortgage.
Hi: I'm hoping someone here has an answer. I funded a loan in California secured by a 2nd DOT at $399k behind a $633k first @2.85% 30 year fixed- three years into its term. The value of the property today is north of ...
I'm going to give a tenant a 30+ day notice to vacate by September 30. Last night, they had a kitchen fire, causing minor damages. I'm wondering if I should have them file an insurance claim, or just keep their depo...
I have a house that's under contract. I'm buying it at $150,850 (motivated seller) and 4 years ago it sold for $187,500. It is in the same shape as before.The appraisal came in at $155,000 and will cause me more than ...
Hi,When you're determining the potential cash flow of a prospective investment property, do you include repair, vacancy, and cap ex allocations?Right now, I'm accounting for the rent, then subtracting mortgage, RE tax...
Hello folks!I am closing on my first package of multi-family properties here in less than a month.I will end up with 1 quadplex, 3 duplexes, and one 1br/1ba little block house.My question is how to handle my insurance...
I am looking to purchase a 4-plex and asked to see the leases. At best the current owner is very sloppy, or worse he is trying to pull something because the rents are higher than average for the area. Each lease has...
I own a home in the Firelight subdivision in Highlands Ranch, CO. My wife and I are planning on moving closer to the DTC within the year (Centennial or Aurora).The house is approximately worth 400k - rents (best gues...
When conducting an analysis of the numbers and layout of a commercial real estate property, would it be advisable to engage the leasing broker representing the property, or should I seek to gather comparable data and ...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $950,000
Cash invested: $80,000
16 Unit property in Randleman, NC. This is the first deal that I partnered wi...