Stephanie Garcia
What do I need?
Hello,I have a deal I am structuring that will be a seller finance deal in Sacramento. What do I need to finalize all of the documents? The unit is currently listed with an agent will there be a fee to take it down or...
Chris Seveney
Contract for deeds vs notes
Curious as to others opinions on contract for deeds vs notes. I invest in both and hear are some of my thoughts:CFD’sPositives - when occupied tend to have higher reinstatement percentagesPayments typically cheaper th...
Trevor Sambrano
Does Financing Under an LLC Protect Personal Assets
My partner and I are new to real estate investing and would like to mitigate our risk in regards to our personal assists. We are in the process of forming an LLC, and will each be funding our business account under th...
David F.
Question about Calculating DTI for an existing property
I have a 4-unit property that brings in $144K/yr in gross income. Expense-wise my mortgage payment runs $55K/yr and PITI runs about $15K/yr for an obligation of $70K.Which of these scenarios is correct as it pertains ...
Susan Miller
Do NYS tenants have to sign CDC declaration?
Hi. We own a fairly high end rental house in NYS. The tenants renewed for their fourth year in July. Before signing, they asked us to reduce the rent because they had lost their jobs due to Covid. It was already w...
Chris Harper
Wholesaling Realtor NJ
Does anyone have experience wholesaling properties while also being a Realtor (especially in NJ)? How should your letters for marketing differ from an unlicensed wholesaler?
Amir Saeed
Few questions on Short Sale. Please assist
I have a short sale prospect. This will be my first short sale. I have already started initial conversation with the lender on the loan. From reading and some experience looks like the lender will require a package...
Khaled Seirafi
Reviewing Assignee's Financials
Hi all,I have a commercial tenant in my mixed-use property who's selling his business. What sorts of ratios should I require for income vs expenses on the potential assignee's financials? And in general, what other it...
Chris Stratton
Benefits of wind insurance - Florida condo?
Could anyone tell me what the advantages might be for wind insurance in Florida for Condos? Specifically, this is in regards to a rental (unfurnished) unit with tile floors. Honestly - if the wind broke the large win...
Marissa Nadeau
Informing mortgage bank that you are starting to rent?
Hey guys,Quick question for you, are you obligated to inform your mortgage company that you are starting to rent your property?