Francois Frigon
Team being formed !
I'm a new RE investor and now forming my "A Team". I just met with a great Commercial RE agent which will now help me on my "first" offer & probable purchase -> seeking a 21 units apt complex here in San Anton...
Gerard Scranton
I have equity but no cash to rehab. How can I move forward?
BP Fam! I have a property with over $80K in equity. I would like to rehab the property. Rent it out and refinance. The mortgage balance is $26K (-/+). The rehab + landscaping = $65K (approximately) Would it be better ...
Jeffrey Sommer
Variance for Duplex
I'm under contract for a duplex in Port Richmond. It does not have the proper zoning but it is build out correctly. It has separate gas, electric, two hot water heaters, etc. Has anyone been successful in going throug...
Quinton Kocher
Question: Does renter Get his deposit back when this happens?...
I have a good tenant breaking his lease 4 months early on 5 days notice. He has cleaned up the apartment well and he believes he is entitled to his deposit. Is he right? Property is in NC. No backfill identified a...
Derek Johnson
Refinancing Cash Out Advice
Hello,Hope everyone's New Year is off to a good start! I'm writing to seek advice and guidance on my next step in REI. Here's where I sit and what I'm planning next: I own two properties about 1/2 mile apart. The firs...
Roger Mace
Should you refinance a DSCR?
Refinancing loans with a focus on Debt Service Coverage Ratio (DSCR) can be a strategic decision for businesses. Here are some situations when refinancing might be considered:
1. Improved DSCR: If a company’s DSCR ha...
Sam Leon
Early lease termination - tenant complaint
Have a tenant gave short notice about breaking a lease.One year lease signed on December 1, 2015, and today I was told by tenant that they are closing tomorrow on a new house and wanted to terminate the lease by end o...
Michael Garrett
Liquidate 401K or self directed account?
Hi all,So I'm looking to fund my REI adventure and am having trouble. My original plan was to get rid of my retirement accounts (I have $35K in an IRA and 401K combined), take the early distribution penalty and use th...
Donna Brown
Buying First Rental in Next Three Months
Hello,I want to buy my first rental in the next three months but I have a question about the financing of it. I recently sold my home so I am without a residence. I have cash to purchase the first rental but of cour...
Boris Peyzner
Buying Auction House With An Illegal Apartment
Good evening all,I have a very tricky question and despite hours of research I cannot seem to find the "answer." I won an auction for a multi-family property in East Orange, NJ. It is a 2-family house and the basem...