I am looking at buying a lot and building new, from the ground up. A home builder owns the land. In his contract to sell, he stipulates that his company will be the builder on a cost plus building fee. He stipulates t...
Hi New Yorkers. We are buying a property in upstate NY - within the Catskills. The property currently has a tenant, who is NOT on a lease. During this age of COVID, are we allowed to ask her to leave, if given 90 day ...
Hi I'm an investor in the Metro-Detroit area. I am currently in the market for a home but with the market being so competitive for sfh in the area I wanted to buy a multi family home, but I was gonna occupy one unit a...
I have given special consideration to a tenant based on her financial circumstances. Her contract is set to renew December 2018. How can I place a provision in her contract that stipulates if an adult moves into the...
I was analyzing an auction home today and ran across the seller’s term that specified “No Hard Money Loans or Home Equity Lines of Credit will be permitted”.Why would a seller care if the money came from a HML or HELOC?
Hello Everyone! Quick question. I just spoke to Navy Federal in regards to Opening a HELOC on my primary residence. Due to my current DTI it would be hard for me to get financed on another conventional mortgage. That ...
Has anyone ran into trouble with the underwriters for the "big banks" stating that repairs must be done to a HUD property before financing can be approved? (Appraisal stated that certain repairs-such as adding a stov...
Hi all!First post, figured I'd start it off with a question I have on a foreclosure I'm buying. I put an offer in on a foreclosure SFH, and after a couple back and forths I accepted one of their counteroffers. Sever...
Hi all,Can I use a FHA loan on a small multifamily (2-4 units), as long as I live in one of the units for at least 12 months? Are there any other major stipulations to consider? Any tips to get qualified for this type...
I'm looking for some experienced or knowledgeable landlords / property managers to lend some insight here. In nearly all of the lease agreements I've seen from friends, family, and other landlords, I've always seen s...