Luis Savery
Jersey City, NJ Multi Family Deal
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Jersey City.
Purchase price: $600,000
Cash invested: $65,000
This is a multi family home investment where I negotiated a p...
Edward Briley
Credit Reporting Agencies no longer reporting judgement on renter
I have a rental property in which my tenant stiffed me for more than $8,000 for stealing, damaging property and late rental payments. My rental agent filed against the tenant and I received little more than a $4,000 ...
Natalie Kolodij
Does any one offer rental discounts for any thing?
I was just considering the best way to maintain a property while it was rented...Example: Some landlords include yard care and it's included in your slightly higher rent But my dad is the type of tenant who pulls a ha...
Nathan Frost
DSCR Loans Please Explain
Hi, can someone explain this to me? Basically give me an example of say a $100,000 home and how this is wise to use that rents for $1200-1400. Verse other loans. Or why one would choose DSCR loan / interest only pa...
Chris E.
Tax help! Closing a sale monday
So we (My fiance and I) are selling a house on monday that we bought earlier this year. We were going to keep it as a vacation rental but decided to sell instead because we need the money to fix another house we bough...
Bryan Liu
How to finance a REHAB for a long term investment property
I am trying to finance my repair and renovation for a duplex investment of 2500 sq ft property that I recently purchased. This property is in California in the LA area. The repair for foundation and earthquake retrofi...
Julian Dozortcev
Home Equity Lines
Hi All, Is it possible to take a home equity line out on an investment property that is under an LLC?
T.Yong Ling
Renters Credit Report
I have a question regarding renters credit checks. Property at C+ location, a potential renters screening reports came back with a bad credit score (494), 3 collections accounts, 200+% credit used, not very good emplo...
Joe Felix
Not sure what to do
Looking into purchasing a duplex for 175k. However, closing cost are exactly what I have in cash 20k. I was planing on doing renovation to the first floor as the second floor is ready to go. This will be all done thr...
Ari Bauer
HUD partial claim - short sale
I was hoping someone could help me out with a deal I'm working on.I'm negotiating a short sale on a property with three liens, a 1st mortgage, 2nd and a HUD partial claim.I've reached agreements with the 1st mortgage...