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Hi all,I am about to jump into my first multi-family apartment deal and have some great connections inside the metro Detroit commercial apartment industry. By referral, I am meeting with an attorney from a large firm ...
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I have recently received the Tax Deed to a property which I purchased at the Delaware County PA Upset Sale. My plan is to rent out the property and refinance the property as soon as possible. I have a few questions re...
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When analyzing a luxury short term rental (STR) vacation home for investment in today's mortgage rate environment, the ROI & margins can be extremely tight. Investors that are looking to offset their investment co...
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Is there any hybrid models for short term rentals? I have serval single-family houses that would be a great location for short term rentals. The challenges if I paid 25% to a property manager paid all the utilities, t...
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Hi everybody!1) Can cash on Swab account be proof of funds, when I make an offer? 2) Due to the fact that short sale can take several months can I spend this money or they are frozen till closing?3) Actually how long ...
I have a property that is currently in an estate of which the names on the estate have died.First time I’ve come across this situation. What typically needs to happen in an estate for a property to be cleared by the t...
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Does homeowners insurance cover leaks from one apartment into another?
I live in a condo.
Water leaked from my toilet to the downstairs apartment. Not sure how much but there is at least some sheetrock damage. The...
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Here's the scenario: A private lender is seeking a mortgage company to handle loan origination for his loans. The private lender has his own list of lendee's, so the ONLY activity the mortgage company handles is the ...
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Hi,We are closing on 14 unit property on next Tuesday! I am so excited! This will be our first time inheriting tenants but the previous owner did not do move-in inspections on any of them. How do you justify to use th...
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I am working to flip my second house and have a couple friends who want to be investors since it’s a larger project. The loan will be solely under my LLC and I plan to handle the coordination of the purchase, rehab an...