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Question..... Does anybody know if a bank will qualify a sponsor that has the net worth but does not have a schedule of real estate? I'm wondering if I could use a family member with a high net worth on my larger mul...
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Hello everyone!
We’re currently flipping a home in Maple Heights, OH, where most homes are 3-bedroom, 1-bathroom layouts with unfinished basements. To maximize the living space, we worked closely with the city to cre...
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Does anyone have experience with or know about Section 8 housing and properties? Looking at a MF property and I noticed that some current tenants are section 8 tenants.
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I received approval for federal and state (NY) Historic Tax Credits. It was a long road, but worth it! Which forms do I need to file my taxes?
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Once a tenant is approved, when is it appropriate to verify that they have purchased renters insurance.....at the lease signing or prior? Also, how do you verify that the renter has renewed their renters insurance po...
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Hi,I have received an offer from BHG Financial for a loan of $155K with around a 15% interest rate to be paid back over 10 years. This would not be reported to my personal credit and I am looking at using the funds to...
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How is late fee calculated.
Lease states:
Rent due 1st of the month. If rent not received by 3rd, a initial late fee $75 will be charged. additional $25/day thereafter for until rent and late charges are paid in fu...
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I'm looking for some expert tax advice on this situation and willing to pay $$ for it. In essence, we've recently received loan proceeds into an S Corp which is a single-asset entity owning a large commercial property...
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How do you handle late fees if tenant has paid the rent late but did not include the late fees. Do you send them a letter, call them or how do you handle it?Rent is due the 1st and 2 day grace, 3rd day $40 late fee st...
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I found some good legal advice for contracts, documents, consultation it really helps for me getting my deals together and making sure I stay in the guidelines of real estate
www.prepaidlegal.com
[edited by administ...