I had a commercial tenant on a one year lease. The tenant fell behind on the rent and would not pay. I presented tenant with a "3 Day Pay or Quit". Tenant did not pay and I proceeded with the eviction. The tena...
Good Evening!!! I haven't joined discussions recently as I am working a deal and trying to complete the extensive renovations. I got word from my property manager today about the issue below. I submitted this letter...
Quick question regarding DTI for a Fannie loan. As I understand that new rental income (less then 2 years) is calculated as:Gross rent * 75% - DITI = income added What I don't know is whether or not the DITI still cou...
I've been investing in the Albuquerque area for almost 3 years. In the last year, I've noticed that home prices are increasing more rapidly. While this isn't going to deter me from investing, I'd like to know if I nee...
I'm considering getting a paid membership to either Rehab Valuator or BiggerPockets for access to their Deal Analysis tools. Anybody have experience with both and an opinion on which is a better choice?
Every calculator has stuff that seems irrelevant or is not true to the situation. My purchase price was over 20 years ago, I do not remember closing costs, have refinanced twice at least and I have been renting it fo...
Hello all,I have a unique opportunity to present to you by way of a woman in southern Wisconsin. She has spent 35 years in foster care and is looking to provide a stable environment and be a supportive adult for child...
Can someone lay out the guidelines for attracting private money into a deal on social networks that complies with SEC Title II Title III rules? I've read numerous articles and some are ambiguous, contradictory and tou...
I collect weekly for my low income tenants. Most of them seem to appreciate it. I have one who has been with me a long time now. Always a little late, always gets caught up. That is until the roommate moved out. This ...
USDA loan for 4.75m to buy an existing company where buyer is kicking in 20% needed for a stake in the company he is selling to. Bank says 3 partners do not have enough liquidity and they have ask for 500k and anothe...