Jim Stanton
What To Do About Existing Tenants When Buying
Good Evening To All,My Fiancee and I are in the process of buying a two family as owner occupied. We have to decide what to do about the current, long term, existing tenant. We sign the P&S Monday provided tomor...
Frank S.
FNMA Agents Unresponsive. What do you think?
Howdy, Have you experience FNMA agents to be somewhat unresponsive? I typically get a call within an hour from regular MLS listings, but it seems FNMA listing agents drag their feet a bit.Can they do double agencies?...
Lynn Z
HELOC Rates
Offered HELOC at closing of mortgage. Prime (8.25) plus 1.99 which is terrible. Have a great FICO in the top 700's. Why does a major bank hand out such high rates when I see better rates at prime or prime - everywh...
Patrick Hamlin
Rookie Out-of-State Travel Question
Hi all, Rookie here looking in to buying my first investment property to rent (SFH or MFH). Originally from Cleveland, but have lived in NYC, Orlando, and now currently near Boston, MA. I'm 35 years old and married wi...
Kat Malkowski
How to make offers on cash only properties?
I've often heard the phrase, "Find the deal and you'll find the money", but how does one get around putting an offer in on a cash only deal when you personally don't have the cash? Especially in the hot market I'm loo...
Alan Bosca
Tenant signs lease but doesn't pay first month & security?
Hi -What is the best way to avoid the situation of having a signed lease and no payment before move in? Don't want to be stuck with a stall for weeks then non-payment.Does the act of signing make it a valid lease or ...
Luke Councell
First Time Townhome Househack Buyer in Frederick, MD
Hey Everybody,I am a first time homebuyer looking to play the long game in REI by utilizing my first home purchase as an owner-occupied househack. I'm currently targeting ~$350,000 3-4 Bed townhomes in the Frederick, ...
William B.
Money From Family And Friends
Over the past few months, usually after I posted before/after photos of recent flips, I've gotten calls and texts from family and friends asking if I had any projects coming up that they can invest in. My usual answer...
Bienes Raices
How to make offers on pre-1978 houses now (with new Lead Paint laws)?
With the new 2010 Lead Paint/Contractor law from EPA on houses built before 1978, costs are obviously going to go up for the person having the repairs done. But it's unclear to me how much extra this is going to cost ...
Jenny Duclair
Realtor Advice
I asked my realtor for comps for a multiunit I plan to owner occupy, buying with VA loan, and he said I dont need to worry about the value of the 4plex when the rents are more than enough to pay the mortgage. That doe...