Hello, I am planning on getting my first rental property. My condo is worth $81K. I have $21K mortgage on it. It is my primary residence. I was planning on paying it off and save up a down payment, closing cost, 6 mon...
Has anyone ever purchased a lien put on a property by a utility? (Electric, lets say) What document is used to record the sale of the lien? Anything else to consider?
We are looking at a property that we do not intend to occupy that sits on just over 7 acres and has 2 homes. We would like to use the buildings as STRs. We are running into issues with finding a lender because it is o...
I just found a buyer for a property I want to flip (REO). He said he was using 203K Rehab funding, Will I have a seasoning issue with this type of loan? :roll:
Just read an interesting post and was wondering if anyone could add any reasons or times where a landlord would be required to appear in person, for anything regarding owning rental property. Being sued by a tenant, t...
Does anyone know off hand if someone is able to buy in a 55+ community if you are younger? This someone who wants to purchase would be renting to a 55+ renter.
After reading several post on the subject I'm still a little confused, please help.When buying property's from web base auction houses like HUBZU, they offer to split closing cost and they purchase title insurance for...
Hi BP nation!
Does anyone know whether the law in Minnesota requires that all Property Managers need to have their Real Estate Agent's license in order to be a PM?
I heard this today, but have never heard it before....
Hello,
The story: my friend has a house that she wanted to rent out. She was afraid to do it by herself even though I told her I will help to manage. She hired a management company. Everything was fine for a few week...
Need help with the most effective and financially savvy method to request a municipal lien search and permit search.Question:When buying a single family home in cash, are there any hidden liens or legal issues i need...