Craig Rich
Heating a Duplex on one furnace HELP
Hello everyone, so i purchased a duplex back in 2018 (CONNECTICUT) to use as rental property (my first home). As i was eager at the time and not as knowledged as i am now i didn't do the proper investigating to notic...
Jay Hinrichs
Self Storage how are you folks doing with rent collections ?
Just curious how those in the SS business are fairing with your tenants.. or is it just too early to tell ?
Tom C
Section 8 nightmare turn good
I recently had a Sec 8 tenant move out. He is a single father of 4 and I actually liked the guy and respected him. He was suppose to move out on 12/31. So I went over to the house at around 8 pm to make sure he was l...
Daniel Winsor
Tenant Disappeared - Legal Responsibilities
I own a duplex and rent out the 3/2 opposite me. I really didn't want to do separate rooms, and the lease isn't written as such, but the tenants treat it that way. Lease ends November and tenants are moving out. One o...
Curran D Bishop
Down payment on a small owner-occupied multi-family?
I'm applying for a loan for a deal I'm under contract on: a 4 unit which will be my primary residence. I have had my local bank and a loan officer tell me because it's more than 2 units I have to put 25% down, but REI...
Mike Stock
Assuming a commercial loan pros and cons
What are some pros and cons of assuming a commercial loan from a seller? Is this a better option than seeking my own finance? Would banks still do an updated appraisal?
Regards,
Mike Stock
Conner Hitchcock
Applicant doesn't want his credit pulled.
I have an applicant that doesn't want to pull his credit (doesn't want to take the hit for a hard credit check). They are offering me a report from Rentspree that THEY ran. I would still follow up with the employer f...
Johnathan Hearn
Need some info on HML
Quick question. When getting a hard money loan for a property and the rehab costs how exactly does that work? I was planning on doing a lot of the work myself but I’m not sure if the lenders will insist on having me h...
Darius Moezinia
How do you challenge Escrow w/ all the garbage fees
I am in a Real Estate transaction in which the agent/ seller selected the services.I made suggestions to use a different escrow company that I had a great experience and very good rate. But was overruled.Now, 2 days b...
Jay Hill
First multiunit purchase: need advice
I am about to purchase my first multiunit (triplex) property after being a dormant real estate investor for the past 10 years. I currently have three single family units and have had them since ~2005 (first purchase)...