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In reading my 1993 fixed/adjustable mortgage note (5/1) I have the standard paragraph 11 "Uniform Secured Note" statement that can trigger a "due on sale" clause. It reads "If all or any part of the property or any in...
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Hello all, I have been trying to secure a buy and rehab rental property for a couple of weeks now, it has been difficult as I am using conventional loan. We have been outbid by cash buyers. I’m trying to find cash,I’v...
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I have a situation where a 94 year old friend is a motivated seller. He is willing to do a master lease option with me. I want to acquire the 4 plex units and keep it as a buy and hold. I don't plan to sale once I acq...
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To keep the story short, employment changed via a corporate buyout. Pay structure and scale changed. Conventional underwriting is having a hard time due to the extreme amounts of overtime (168 hrs/week).
Just look...
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Hello bigger pockets community! I'm 21 and have been saving for the last 2 years in order to invest in a multifamily. I will try the house hack living method and thus will help open my investor portfolio. I can either...
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Hello,I am a beginner real estate agent and investor. I recently bought a 4-plex conversion and had to sell it on a subject two less than a year later. The next property that I get will be a house hack that I will liv...
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Hi Everyone,
I think it's about time I increase rent on my tenants, haven't done it forever. I'd like to leverage a standard rent increase form, if there is such a standard form out there. Where is the best ...
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Hello everyone! I'm currently raising private capital to have available so I can purchase a fixer-upper property this year and to follow the BRRRR strategy. As I'm talking to potential investors, they often ask how I'...
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Here in Ohio, I recently closed on a rented SFH with a tenant that ended their lease 1 day after I got keys. I owned the property for 2 days under their lease. It's time to follow up with the security deposit so I n...
My tenant wants to terminate their lease early. The lease ends 09/30/2024. They gave me a notice 05/15/2024 & are wanting to move out 07/31/2024. This is more than a 60 day notice. The lease states "Tenant shall ...