Hi everyone, I have a question about financing a property that I have under land contract. I'm 1 year in on a 2 year land contract for 4 units. The units are located in Massillon, OH and are separated into 2 duplexe...
We signed a lease-to-own contract for 60 months. At the end of the term, we are obligated to provide a $100,000 credit at closing toward the purchase price for the buyer/tenant. This credit amounts to $1,666 per month...
My wife and I recently bought our first rental property from a turnkey co. A tenant moved in and found out that their refrigerator did not fit in the area for the fridge due to some upper cabinets. So she went to our ...
Hello,
My brother and I received a house from our father (act of donation in june 2008), the house is a two family unit, estimated value of $70,000. The house is clear of any mortgages, liens (no money is owed for it...
Hi BP!
I need help as to know whether or not it is normal for a landlord to ask a new tenant for their bank info (bank name, branch address, account number). The landlord is willing to accept post dated checks, ther...
I’ve been researching Fannie Mae smaller apartment loans. I haven’t been able to figure this out: if the debt is non-recourse, why then does the total net worth of the borrowers have to exceed the loan amount? Is ther...
i recently put guarantee for my gf to rent an apartment in NY. now things are not really going well between us and she is also financially tight.
now in case she is not able to pay her rent on time, how much time usu...
Good evening BP community!Besides the fiduciary responsibility of an agent or perhaps a financial advisor, is there a similar fiduciary responsibility of a property manager? If so, where might this be written? I fully...
In 2015, my sister had a business which was essentially her livelihood. She approached me an indicated her landlord was selling the building and would I be interested. I always was intrigued about real estate, so I pu...
I'm interested in buying a mobile home and moving it onto a piece of land in the future. The problem that I'm facing is that most of the mobile home parks are saying that it can not be moved after I purchase it. My ...