I purchased a property for flipping using my real estate LLC. The hard money loan I used covers the acquisition and renovation of the property. Its a interest only loan and is valid for 12 months. The property hasn't ...
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So, I'm purchasing my first piece of rental property and the rent in the neighborhood is starting $1,100. The current tenants are paying under market value at $850. They are on month to month with no contract and I w...
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My partners and I recently acquired a mixed-use property, and we’re facing a challenge with one of our commercial tenants. This tenant operates a resale business and is currently renting a single unit on the ground f...
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I'm 18 years old, just got my Bachelor's Degree in Business (I graduated from High School at 15), have no credit score, 20K saved up, a full-time job, and am looking to buy a home for 200K or less (I live in an area c...
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Tenant requested that they receive keys 5pm the day before the official lease start date. They wanted to move in and get a head start moving on Friday 5pm, since the actual lease start date is a Saturday. I would be o...
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Had a buyer for our home put 2K in earnest money down. Closing date could not be met due to issues seling her home, which was not a condition of our contract. Extended closing with additional 2K earnest money, for tot...
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Hi All,I went to a meetup last night on multifamily here in Jacksonville and it was great.One of the questions that came up was the not having too many partners in a deal without syndication, it becomes frowned upon l...
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Hi everyone, I would appreciate if someone can answer this question for me.I bought a house in Houston in March of 2012. We lived in it for two years and been renting it since.I am selling my house next month which wi...
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Hi- apologies if this has been asked before, but is FHA 90 day rule from the date the property was purchased (settlement date as shown on HUD), or the date the deed was recorded?
Thanks, Jon
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Anyone here invested yet with Groundfloor? I'm thinking of trying it.