When you have a couple with both names on a lease, and one person moves out, what is the procedure? Their name still stays on the lease, right?
Can anyone help explain owner financing to me?I think I understand the general concept. The owner takes the place of the bank. Buyer pays downpayment and monthly payments directly to owner until all debt is paid in fu...
• Lastly, when negotiating seller held financing,we can negotiate the ability to substitutecollateral (move the mortgage to anotherproperty) or subordinate the mortgage so thatyou can borrow on the property and the se...
Good day beautiful investors, I have a situation where the owner of a condo has rented to a tenant & the owner moved to FL. Only to find that the IRS came to the house serving a Tax Warrant on the owner. The tot...
I don't know what they're saying to You but I do know what some of my guys are saying to Me!We all have deals held up by some lenders others are seeking opportunities to place capital and assist borrowers. I’m optimis...
Hello everyone,I am trying to partner with my father -n- law on a real estate investment but its kinda of a mess. Currently my father n law owns the building and has $125,000 worth of debt remaining on his loan. We re...
I am fairly new to the world of commercial real estate. We are looking to close on a multi-family complex in a college town. We have been told that it is recommended that my partners and I offer $15k-$20k in earnest...
Hello all. Currently I have one sfh. It is a traditional mortgage. I am trying to understand land contracts and how they work. I have a few questions on the process.1. How do the terms work? Is it for 30 years?2. Is t...
So if I currently have a rental property that I purchased for $65k and spent $50k improving and I sell it a it a year after buying it for $250k in order to buy a rental property that costs $100k and needs $150k in imp...
What would be the best depreciation method when I am only planning on holding a rental property for 5 years?
Thanks