Andrew S.
Most efficient way to dispose of mountain land
I’m on the board of a property owners association in Wilkes County, NC (near Blue Ridge Parkway). Occasionally, the Association ends up taking over parcels of land from owners who are delinquent with their annual due...
Jorge Solis
Foreclosure vs house hacking
I'm currently looking for my first investment property in Northwest Georgia. I'm 23 years old and I've already been pre-approved for a $200k FHA loan on a quadraplex as long as 3 of the units are already rented out. H...
Chris Houghtaling
Renting home foreclosed Make deal with bank to buy before auction
I rent a home that is in foreclosure. Last foreclosure court date for the owner is June 5th. He will lose the house. I assume that there will be a auction 1 month later. Can I negotiate a deal to buy the house with t...
Account Closed
Large STR in Scottsdale Up In Flames
Large home being used as short-term rental heavily damaged by fire in north Scottsdale
The tenants were using a flame thrower to clear cob webs in the attic. It reminds me of the time the tenants were using a gun to ...
Jan Paikin
Need lawyer (NYS, outside of NYC)
Hi,We have a SubTo/Seller Financed hybrid deal that also has a Lease Option as the seller is an owner-occupier within this 3-unit. The other two units have been short-term rentals.The Lease Option is for us to be able...
David Little
Partnership Financing Questions
My friend and I are looking to purchase our first investment property to basically prove concept. Our primary strategy is STR, but we have backup strategies if that falls through.
After much discussion, we do not int...
Adam Blevins
Working Around the Seasoning Requirement
So, I"m a new investor and I'm trying to wrap my head around the seasoning requirement. Near as I've been able to ascertain, the best bet to work around it is to find a portfolio lender that doesn't have that requirem...
Martin Nowak
Leveraging Real Estate
I need some experienced advice. I have a piece of commercial property I acquired with the intentions of building a beer garden. I want to build a 2000sq ft building. My rough estimate is 400K to do so. Or my other...
Moshe H.
Liable for cat's disappearance - Bizarre tenant tale
I haven't posted in a long time but had to share... got a phone call from my property manager today. Tenant is distraught: one of his cats is missing. It's like one of his children. He's searched the entire (4-u) buil...
Brian Brinson
Mobile Home Park Financing
Hello,
I'm trying to find financing for a MHP purchase but am having difficulty. It's for sale for 400k ( too small a loan for some lenders) , it has over %75 poh ( to high for other lenders), and am hoping to put do...