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The buyer said yes to a house I have for sale. Wholesale. Now what how and where do I close. Can I just transfer title? And call it a consultant fee. Do I use a assignment contract and get my fee that way? Can I just ...
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Hi there -Â I was wondering if there are any tools / technologies out there that can find the rental history or estimations on specific properties?
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I had my first tenant sign a lease that included an attorney review period. The tenant's attorney waited 5 business days to contact me, and sent me unreasonable requests that I could not agree to, so the tenant is ba...
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Hello,I'm currently in the middle of obtaining an 18 month hard money loan. I was wondering if the additional fees associated with obtaining the loan are industry standard.Points: 4Interest Rate: 12%Appraisal Fee: $45...
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Hi guys,Do I understand it correctly, that the tenant can sue a landlord for :1) Not making repairs to the unit...To prevent this, basically just do repairs2) Any damages that a tenant can acquire, that is kind of a b...
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So interesting story and something I never thought would happen but I can’t see to get a HELOC now even though I have zero personal debt and W2 income. As a business strategy in previous years or the low interest glor...
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I currently have 3 properties I am trying to get refinanced. The lender says my debt to income is an issue because I don't have two years rental history. One house has a 15 year mortgage in place already, one was self...
Hi guys, I've just got a couple of questions for you on portfolio loans:
1) Can you fold rehab costs into the loan?
2) How are closing costs paid, can they be rolled in?
3) Does each property get assigned an "origina...
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Hello BPI live in a 3 unit house in queens and the building is regeristed in as mutli dwelling in nyc. The house is not rent stabilized or rent controlled. I have 2 units rented out and one of them has an expired leas...
Hi - our funding situation has gotten a bit complex and we are well into the process of closing on our 3rd rental property. Looking for some help. We planned to use a HELOC on one of our other properties for the down ...