I have a single family home that has been leased for the past year with good renters. They originally signed a 1 year lease and the lease will soon be expiring. I would like to renew the lease for another year rat...
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Prior to finding a property I went to a title company and talked about wholesaling and they mentioned they could help me close. Today I got a property under contract. I was so excited as this was my first deal. When I...
From the sale of a few properties we invested in a while ago, we stand to gain about $200K cash back. We're hoping to re-invest in property within months to avoid getting taxed. The problem is, we're aiming to maximiz...
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Hello,In my coursework, in the section on closing procedures, there was a note that in some cases, it is better to sequester the buyer and seller during settlement, if there has been a great deal of acrimony during ne...
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I’m wondering which is better to improve my buying power? Margin loan vs hard money? I need around $150k to be competitive in the bidding wars and wondering whether I should draw a margin loan from my securities or to...
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In the scenario where a typical residential loan allow the borrower to live on the property for at least a year, if after 3months the borrower decides to rent the unit, how can that affect the loan? Is there any sugge...
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I am about to close on a house (i am the buyer). I am having difficulty with the time to close, my lawyer sent me an email with a time that i cant meet (i was not consulted by my lawyer based on date or time suitabili...
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Looking to get into my first MF property. It would be an out of state investment for me. 24 unit asking 850kConcerns-The area doesn't seem to be the greatest. Although broker claims in the path of progress. -Price per...
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I have a SFR that is not set up for handicap access. I just had someone ask me if they could set up a handicap ramp if they were to be accepted as a tenant. What responsibility do I have as a landlord to provide h...
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Hello, I am considering buying a property that has a 6% cap rate and only cash flows about $200/month. However, one of the units is currently renting for $875/month. Using rentometer.com, I've determined the average 1...