Account Closed
Purchasing an investment property with 5 % down?
Hi,I'm very new to Real estate and I'm thinking about buying a condo here in Chicago. I'm quite aware most lenders won't finance an investment property unless I give a 20 % down payment. I want to give a 5-10 % down p...
Bill Schrimpf
IRS Tax Lien - lien belogs to previous owner
Questions—Can the owner of a property discharge an IRS tax lien against a property if the lien was related to the previous property owner debt? Did the previous owner potentially commit any crimes by selling the prop...
Ryan Koehler
FHA Loan Question - Need guidance!
Here is my situation: Currently looking at a 4-unit deal, the property meets all necessary qualifications for the FHA program and I meet the requirements for the loan. Assume that all numbers work and the deal is a sl...
Tony Cook
Bert Whalen sentenced in multi-million dollar real estate Ponzi scheme
I'm a reporter at the Indianapolis Star who has covered the Clayton Morris and Bert Whalen saga over the years. Here's the latest: Bert Whalen was sentenced Tuesday to more than 3 years in prison.
David Fox
Duplex southwest of Bakersfield in Taft CA.
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $108,900
Cash invested: $1,050
Duplex 1 bed 1 bath each side
What made you interested in investing...
Barry Alter
Tenant move out after 2 weeks because of a robbery. do i have to give back the security deposit?
I rented out one of my apartments to new tenants. after 2 weeks they had a robbery.the tenants were scared to stay in the apartment so they moved out. now they're asking back for the security deposit. what do i do am ...
Nicholas Lambert
Can I keep the current tenants with an FHA loan??
Yes, I am aware that with an FHA the property is to be owner occupied for at least a year. However, I am curious to know if anyone has rented out their “occupied” unit anyways while living at another residence?I am cu...
Zach Plackemeier
Best cash flow market
Hey all.I am curious on the STR if you were going to invest in one market and your only goal was cash flow where would you look?
Timothy W.
Medicare Cancels coverage on a mother with cancer - 1 week before life saving operation
"If they don't allow her to have this transplant coming up right now next week, they're in effect signing her death warrant"
http://cbs4.com/health/Diana.Smith.Woman.2.1623788.html
I've been told this happens a lot ...
Brook Rieman
Inheriting a "sexually violent predator against children" tenant
We had our offer accepted on our first rental property and after looking up the current tenants, we've got a convicted, registered sexually violent predator against children in this triplex. Repeat offender. Anyone de...