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Hello, I'm just starting out and doing research for my first OOS rental property. I am only familiar with conventional 30 year fixed rate loans as this is what I've used in the past for my primary residence.I've been...
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Sellers agent is pricing the rental property as potential market value rents. The actual Rent currently at the property is below market value. Should that be a ground for me to offer below asking price? Thank you
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I was hoping someone could help me out with a deal I'm working on.I'm negotiating a short sale on a property with three liens, a 1st mortgage, 2nd and a HUD partial claim.I've reached agreements with the 1st mortgage...
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I have been trying to hunt out a good first deal in long island for a while now, and I have almost totally given up on this area. But I work here and want to live her so it is really in my best interest to try like he...
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Hello,
I have been fine tuning my plan to seek Private Investors (all of whom I know personally). I want to make sure I have thorough, accurate, and easy to understand answers to the questions I anticipate th...
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There are gurus out there who will tell you when seller financing to have the borrower sign a deed in lieu at closing so if they stop paying you can just record the deed in lieu. Every attorney I have ever talked to h...
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About me:So if I have finally gotten to the point where I’m ready to make my first purchase. My end goal isnt to be loaded rich,but rather have some financial freedom at some point. I love my job so I will never quit....
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Hi Everyone,I am doing some research and planning on buying a rental property next year (I am currently saving for my wedding). My husband and I have a house with no mortgage and great credit, but no cash to invest ri...
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Being in a low yield area and confined to a daily job (low yield requires job) brings desire for out of town property. As best as I can gather buy and hold partnerships are problematic.
As an out of state investor w...
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Curious about everyone's thoughts on this. 2020 was a weird year for so many reasons, but one result of the pandemic here in Chicago was a temporary decrease in Assessed Value of properties for the 2020 fiscal year. O...