A friend of mine works for a small  laundry mat chain that is for sale.  His boss agreed to a 20% bonus upon sale because he is an essential employee and is responsible for the growth and success of the business over ...

Seller concession, or no seller concession? That is a question. 
What is a seller's concession, some may ask? 
A seller's concession is a portion of the transaction that the buyer finances, with permission from the ...

I recently received notification from Citizens that they would not be renewing my policy on a townhome I own. According to their letter the roof "has less than 3 years of remaining useful life, and no documentation su...

We have some performing loans in the portfolio and have been contacted by a two of our borrowers (so far) who are currently out of work due to COVID-19 lock downs.  They are asking about skipping payments until they c...

Friday at 430 bank calls to tell me I cannot use my two gifts totaling 24000 toward my down payment on my second three family. They say because it is an investment property gifts are no good. Closing was supposed to b...

Hello Tampa BP - I am coming across triplexes that Id like to wholesale. I can do all the due diligence, repairs, cash flow, etc.. Except for when it comes to cap rate and find comps, which i can rarely find in certai...

I've seen many in different forums, but still trying to find an exact answer on this. I know a HELOC can be used as the 25% down payment for a residential property, but how would a Commercial Lender view using a HELOC...

Has anyone found a company as such that would lender on renovation projects?  Or long term money for real estate deals?  Ive read about this but have to found one.  Is this true direct to them will finance deals and o...

I have an inherited tenant in a duplex, on a month to month lease. I’m planning to do major renovations to the building, so gave them 60 days notice that I would not be renewing the lease. I also had them sign a notic...

I have a condo that, apparently, has some building common space within it. I had received the documents when buying it two years ago with the bylaws, etc., and had reviewed them. But, the plat map showing the common s...