Inam Rehman
FHA Owner Occupied Terms
I am looking to get an FHA loan on 3 unit where i will be living in one of the units. My question is regarding the term "Owner Occupied".
Lets say i keep one unit for myself and pay all bills etc but i live s...
Wesley Thompson
A whole lot of First Times....
Greetings BP Community!My partners and I are very close to locking up a contract on 5 cabins in East TN (not near Gatlinburg). They're fantastic properties with great history and the seller is financing. This is my fi...
Stephan Nemeth
Breaking lease
I just bought a fourplex and literally the day after I closed one of the tenants had his job relocated. He still has 8 months left on his lease and he wants to break it. My initial reaction is to charge a three month...
Jeff A.
Walking away from a contract
I made an offer and requested a radon test, During the testing period, I caught the windows open. Everyone denied responsibility, but seller agreed to another test. The test came back high, the seller signed an ...
Jason Callahan
Real Estate Agent Suing Me
Hello BP,Last September I wanted to get in the flipping game. I had some cash and wanted to rehab a property. The long and the short of the story is that I signed a "Exclusive Buyer Agreement" with an agent to help me...
Dylan Katz
How should I handle a tenant request to break lease?
Hello BP Community, I am new to landlording...just closed on my first property about a month ago, I'm in the southeastern PA market, it is a side by side duplex with a detached barn I rent out for storage. I inherited...
Eric Dailey
Need advice
Any advice on this scenario is greatly appreciated.
I have a friend who has received a foreclosure notice. He has about 20K equity, but is behind on payments according to the bank. He wants to stay in his hou...
Erik Gardea
Denying Tenant Applications
Im really new to the landlording game, and im trying to get clear information on how to properly and legally deny a tenant application. I am aware that in my state, Minnesota, If the landlord accepts a screening fee t...
Asury Johnson
Tenant copy rights his name
We had a previous tenant move at the end of his lease. He was an ok tenant. However, there were damages, to include that he tried to install a Nest thermostat and blew a fuse because of it. He tried reinstalled the or...
Scott Galloway
Risks involved with house hacking in Canada.
Hi guys! The wife and I are thinking about doing some house hacking in the Edmonton area.We currently live in a new house we put 20% down on and I have a condo I put 20% down on to.We would like to have a place with ...