John Lee
Tittle return EMD even after inspection period had passed?
I pulled out of a deal last month at the last minutes due to repair was way more than I expected. The inspection period had passed. Today I received the check from title company escrow. Is this normal or something fis...
Matt N.
Holding period when transfering from personal name to LLC
My partner and I purchased a property through tax deed sale in our personal names, March of 2018. We have been doing a quiet title for the past year and did not want to put in the LLC name until the court ruled in ou...
Andy K
How to safeguard property in redemption period after foreclosure?
Hello all,We purchased a non-performing note last year for a single family home in Detroit (Wayne County, MI). Our servicing company sent several letters to the borrower about doing a loan modification, but he never r...
Eric S.
Banks offer 20% down and 30 year amortization period
Just wanted to put a feeler out there to anyone in Central Ohio. What are some good investor friendly banks out there? I am looking to purchase more 2-4 units, but want to slowly get into 5 units or more commercial p...
Michael Henry
10 day inspection period; seller refuses to make repairs
Would like some advise here I’m under contract for a quadraplex, during the inspection period I had a property inspector find a few issues, damage to the ceiling from a prior leak , safety issue with the stability of ...
Jack Smith
Budgeting: What are you analyzing during this slower period?
As deals are falling through, loans are freezing, and skepticism is increasing, you likely have time to analyze your own budgetary numbers. What budget items are you analyzing?If you have to cut something from the bud...
Luke Soroka
Payback Period on Small Renovation in C/C- Neighborhood?
I just purchased my first property (duplex) in a C/C- neighborhood. Both sides are rented with long term month to month tenants. Both sides need pretty minor fix ups which will be completed by a contractor. I also ...
Harish V.
Rules for Notice period for Term Lease in California
I always thought that no 30 day notice is necessary if tenant wants to move out at the end of lease term. However we were watching the COVID FAQ and it feels to me that 30 day notice is still required from Landlords. ...
Diego Maramba
DC/MD: Length of Seasoning Period Prior to Refinancing
I am planning to use conventional financing with 20% down to purchase my first rental property. Plan is to allocate 1-3 months for rehab, rent, then refinance. Standard BRRRR. Assuming I did my research/math right and...
Ryan Marrero
Is their a waiting period to refinance a home?
Is there a waiting period to refinance a home? I live in New York and some rumors ive heard are 1 to two years.