Hi,I am based out of Harrison, NJ and was looking to buy a multifamily using NACA mortgage. I recently got approved. I wanted to know if people have invested in cash flowing multi-family with NACA and how their experi...
I am in process of closing on a property where the appraiser asked to order a foundation inspection. The inspector has found issues and suggested repairs.The seller is asking to put down the repair cost as toward addi...
I am in the process of buying a house which needs a lot of mostly cosmetic repair. I am purchasing the house as is and below appraisal value. One of the problems it has is water damage from a leaky swamp cooler. The s...
Hi all,
I wanted to get some different perspectives on how you all run your numbers. I mainly curious about what you calculate for Cap Ex, Matience, and vacancies. most of the other numbers are pretty much given to...
I have found a HML that will lend up to 70% ARV at 12 percent. The closing costs are 3000 (which includes one point at closing) and there are 2 points due at payoff. Draws for rehab require inspection at a cost of 125...
Tenant provided their own notice to quit but is still living there.
The lease doesn't state a 30 day notice is given for Landlord to submit a notice to quit!
Can this tenant be evicted ASAP?
Investment Info:Large multi-family (5+ units) buy & hold investment in Oklahoma.
Contributors:
Will Karstetter
My business partner Will and I just purchased our first property using an equity money ...
Greetings all,
Looking for some feedback regarding keeping or selling. Bought an OOS 1 level duplex (built in 1979) 6 months ago in Iowa; decent quiet clean neighborhood but not A class. Thus far property management ...
Hi! I'm 21 years old and I bought a house a year ago that I'm currently living in. Im looking to rent it out and move back in with my mom for a bit. I bought my house for $117,000 and it not in the best area (Eastpoin...
Hi Everyone,I had a tenant move out on October 20th. They did not pay for October Rent and did some considerable damages and I'm just making sure I am doing the right process here. I am about to send them a certifie...