Where does one obtain insurance for self-owned/managed LLC's for property management service? I contacted a few carriers but they will not extend coverage to management services controlling their owned properties. Th...
Hello everyone,Any advice given will be greatly appreciated. The property in question is a little unique as it is a major pain so far, also this will be owner occupied. The current owner is in a nursing home and has g...
Hi Everyone, I have an investment property with 500k in Equity. I am having difficulty finding a bank or credit union willing to extend an Equity Line of Credit, the only bank I found was Wells Fargo and is willing to...
Want to buy and hold and fix up. Lender gave me these terms. Should I try to get them to extend term to 24 months and drop the origination fee to 1%? I have no experience in commercial loans. Thanks in advance!
Did today's executive order that puts a moratorium on evictions just good and rightly screw landlords across the nation?
While he also signed an EO that extended extra UI benefits to those unemployed, it is maxed out...
Hi all, I won an online auction for a 3 building 7 units on a 5 acre lot that was under a single tax ID. I thought this is legal so I bid 9n it and paid deposit (10%). When looking for financing my lender told me the ...
So maybe I'm just venting and sad because we lost our property and our $7500 earnest money because our closing disclosure didnt come in until an hour before the end of closing day.W had an offer accepted last month fo...
Hi,
My tenants notified me they would like to extend the lease. Their lease expires in February. I'm thinking about doing this myself this time to save money, but I've never done this and feel unsure.I used a real e...
Hi everyone! Name's Keane and I've been in the Wholesale game for a few months now with enough success to want to pursue this career path further and absorb any scraps of knowledge I can. I've recently encountered som...
Hello team, I heard yesterday from loan agent that some new rules are coming in the month of Aug that will further restrict the qualification in terms of getting loans or increase the % of interest if certain limits a...