Brad S.
FTLL : return credit check fee?
Hello First time land lord here, I am about to fix and rent my first investment, planing a day of open house and hand out application that people can fill and return with 35$ credit check fee, from what I gathered aft...
Michael Leeson
Notice to Vacate - Is 30 days enough?
Just closed on duplex #1! Inherited renter needs to go, but the existing lease doesn't length of time for a notice to vacate. What is best practice? Is 30 days sufficient?Thanks in advance for any input!
Justin B.
My First Infinite Return!
So one of our goals for 2014 was to re-finance the first property we ever purchased. While we had hoped for $10-15k back on that re-finance, it turned out to be $8.2k instead. The appraisal came back lower than w...
John Paul Schreiner
Purchasing property back that was lost in a tax lien
Looking for advice...and I’ll try to keep it short.
My grandfather owns a small mobile home park in Texas. The land itself is divided into 8 lots. One of the lots was supposedly sold to my grandfather, but the t...
Norman Berman
Should I buy 1 pricier property, or 2-3 cheaper ones?
Hi folks,New investor here, researching out-of-state multifamily for a buy-and-hold strategy.I have enough starting cash that I have a choice:I can buy 1 property that is larger, has more units or bedrooms, is in an A...
Dorian Moore
Home Equity Loan Appraisal Dispute
I will make this as short as possible. I am looking for advice on how to handle this situation and if I should contact a lawyer. I applied for a home equity loan through Discover Home Loans and it was denied due to ...
John Thedford
Potential Borrower Wants HML On Partial Build
Got contacted by BP member wanting a HML on a partial build. My main concern is how to be protected. How do most HML structure these deals? I don't want to put money out and then end up with liens, etc that may be sup...
Jon Binder
Credit Union Charging LLPA fee for a non Fannie/Freddie Mortgage?
Hello,Background: I am in the process of purchasing a new principle residence. I am using a local credit union for financing and putting 10% down. Originally, the credit union was planning on financing under Freddie/F...
Sanjoy V.
Multifamily property tax strategies
Hi Everyone,
I am considering this property which is valued at 3.8 million by the local county in Dallas Tarrant county area.
Current taxation for that is close to hundred thousand and the seller at this point is try...
Aaron Frances
Neighbors utilizing 1' of my property?
Hello everyone I had a survey question. I own a 2 flat in Chicago and was going over the survey of the property and the diagram reads that my property line is 1' foot in opposite direction from my fence. Which leads m...