Let's say you buy a single family as an owner-occupant, with the goal of having a couple renters to defray the monthly bills. But let's say the town does not easily allow conversion from singles to multis anymore. Can...
What ratio's do you LL's use to qualify a section 8 applicant? I have a prospective tenant with a voucher for $1,575 (the rent amount) and an SSDI income of $908/yr. This person also receives food stamps in an unkno...
If a turnkey home was inspected initially and there was time given to fix ALL the issues with the home but when re-inspected the home was not turnkey ready at all and the repairs that were supposed to be done were no...
A week or two ago there was a discussion regarding the 50% rule based on this "positive cash flow" article by John T Reed (actually Reed uses 45%, but that's neither here nor there for my question).In the article Reed...
So I get the general concept of wholesaling lease options. It's basically the same as "regular" wholesaling except you're dealing with rent to own rather than outright purchase, and your end buyer is going to be a re...
Hello,I am learning to do my own title search for auctioned properties. Problem is I'm having trouble actually understanding what I'm looking at. I have a real life example here. I see that Pingora Loan LLC assigned a...
Hi, I've come across a few sellers, who when I give them an offer and it's low because their place is a wreck, they reply, "Well, the land alone is worth $X." What is my retort?In conversations with others, could my ...
I am hoping to get some guidance from other investors. I am about to close on my first duplex, I will be co-signing with my dad. However, I have two other investors going in on the deal with me as well. I found the de...