Simple 4 page executed contract provided for purchase money mortgage (pmm), seller financing $375k @ 4%, repayment monthly amortized 30 year, 15 yr balloon, no pre-payment penalty. Seller's P.O.A. is a non practicing ...
Hey everyone!!!! Hope you guys are doing fine regardless this Pandemic. I am new to this forum and would really appreciate some advice. TIAI and my husband are planning on buying a house in Pocono. We have recently be...
My stellar tenant of two years plans on renewing his lease this month. He called me today to ask if he could pay a full year’s rent in advance for a ten percent discount. I told him I’d have to think about it and get ...
Hello,
i have a property in Houston market up for sale or rent and think about adding owner financing as well.
The house value is $ 185.000.
How much would $ you recommend for downpayment, for expected appreciation...
I just listened to a Cameron Dunlop webinar with Lee Arnold. I am a private lender, and have quite a bit of money to invest with, however, looking into another avenue and cash reserve is interesting. They are sellin...
Hello everyone!I'm knee deep in an lengthy rehab on my first BRRRR deal ever, in Sellersville, Bucks County PA.The project started in late February, DAYS before the pandemic came around. Talk about good timing... Anyw...
Hey guys, My new tenant moved in last month and before she had even moved in her things, she had painted two of the bedrooms as well as the baseboards and door frames white (the rest of the house is light oak). She ha...
I am in the process of purchasing my first vacation rental. Closing near the end of this month and I am trying to get all my ducks in a row. The property was previously on a managed rental program and when I take o...
Hello all!
We just finished rehabbing this property and the back neighbor comes out to tell us that his water lines go across our yard. He is claiming a leak and needing repairs. There is no easement or legal documen...
I own some rentals in blue collar areas. Some houses are notorious for being occupied for 3 months no issues, then late payments, then partial payments, then no payments, and eviction. They cash flow excellently whe...