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Just Bought a Home With Radon In It
Good afternoon all. I just bought a home in KCKS., in a Radon hot bed. I'm in the process of getting the home a Mitigation System. How difficult is it to sell a home with a Radon reading of 7.4, or a home with a Mitig...
John Michael Rico
CAN I HOUSE HACK WITHOUT LIVING IN IT?
Hi Guys! I am planning to buy a duplex using FHA loan so I can make a downpayment of 3.5%. Is it possible to keep the one unit vacant and not live in there? I just want to have the benefits of the low downpayment. (ho...
Richard Campbell Jr
Buying a property with tenants already in it.
I am closing on a duplex rental property on May 31st. The rent is due on the 5th and on the 15th for each unit. How will the transfer of rent work since I will own the home in the middle of a tenant's pay period? Also...
Catherine W.
Selling a property with a tenant in it
We are selling a duplex that is currently occupied on one side and vacant on the other. The tenant in the occupied side has expressed interest in moving out if the house is sold. Her lease isn't up until June 2016. An...
Alain Perez-Majul
Purchasing property with "tenant-buyer" living in it
Hey guys, wanted some second thoughts on this.My direct mail produced a call from a woman wanting to sell an absentee property of hers. She's got it tenanted, and the guys who is living there is interested in buying i...
Naveen Desai
Buying a property that has renters in it.
Hi Folks,
I have found a property to buy through a wholesaler and looks like the numbers work and is interesting, however the property is currently rented and occupied by the rented with lease till end of this ye...
Heather Schmidtknecht
Seller-financing: What’s in it for the seller?
I’m looking at a small 2bed/1bath SFR that needs interior rehab... the big things, like roof, furnace, windows are done. Seller is asking $85k — interior rehab would be roughly $10k. If this property needed no inter...
Joseph D Chapman
Buying a duplex with tenants living in it
Looking to buy a duplex and both units are rented out already. I was looking to house-hack this property, so I called my agent and set up a time to look at the property. When we went to go look at the duplex both te...
Fred Ishola
Buying a property with existing tenant in it
Hello, I am looking to buy my first buy to let (I'm based in the U.K). I have seen a suitable property, and it has an existing tenant who has been in the property for 9 years and wishes to continue living there.Does a...
Alan Walker
Bought my 1st condo and lived in it
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $239,900
Cash invested: $10,000
Bought condo as a house hack
What made you interested in investing in this...