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Once I have found a buyer, do I send over the assignment contract for the to sign AND the original Purchase and Sell agreement between me and the seller? If I sent them the original Purchase and Sell agreement won't ...
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Hello, how are private money lenders typically repaid for a BRRRR method transaction? Example: our lender is providing us with $40,000 for the purchase. How (term, rate etc.) would they typically be repaid if we plan...
Hello All,I was previously renting a month ago and we asked our landlord to give us month to month since we were planning to leave back in Aug- Sept 2014. Well, they never sent us anything back to sign in writing for...
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Hello,I wrote a post about this the other day but it got quickly buried. I need advice.My property manager is asking me to sign a new lease because they switched company names. They had a bunch of firings and moving a...
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I'm looking to make my first investment purchase in the Cleveland, Ohio area and having difficulty deciding to focus on either a single- or multi-family property.My original thought was to focus on single-family due t...
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Hello All,I was looking for a loan on two cashflowing duplexes, ideally 30 year fixed. Lower down payment, and lower interest rate would be best.The best option I was given was actually a 10/1 Arm.Here are the terms:-...
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Hi all,
Where can I get a simple lease renewal form that says lease remain the same as original one and extend for one more year .
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Hello,
I’m wondering what is the term of the Original Lease for this renewal time? Because this year will be the 2nd time I use the Renewal Agreement for this tenants.Last year 2021, tenants signed the Lease Renewal ...
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I've been in touch with a lender for a DSCR cash out throughout the rehab process on a purchase through an LLC.We are now ready to move forward, but the terms have now changed.Before proceeding, I wanted to check in o...
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#1 The proposed loan amount shall be up to 130,000#2 The proposed transaction will have a down payment of 41,250#3 The proposed loan Loan-to-Value (LTV) shall not exceed 80%#4 The proposed loan term shall be 5 year...