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Hi BPers,I've been speaking to a lot of sellers about the sandwhich lease purchase and many of them want a down payment. I give them that I usually don't give a down payment if I'm paying full market price - However, ...
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I used to hate this icon. Now I love it! Now that I own a rental property, this is money flying towards my home, not away!
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Hi all, Question. My first time using a Hard Money loan within my LLC. I have been paying interest payments for a little over a year, total roughly about $14k . Does borrower usually receive a 1098 for income tax fil...
Hi, I'm a tenant who is constantly late with payments. Definitely it is on purpose. I used to make the payments on the first but the time the bank opens clashes with the times I have to be at work or its a weekend. My...
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This may date me as my kids say I am too old school but since 2007 I have always had rent due on the 1st but not late if received by the 5th I am having more and more tenants, especially college aged, asking me if I d...
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I am foreclosing on a house because the owner did not pay his property taxes.
The owner made his payment this month even though the house is in foreclosure. Is this a strategy of his? What should I do?
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My husband and I are currently looking at having a duplex built. The builder wants 10% down on the $490,000 overall cost in order to break ground. So our down payment to the builder would be $49,000 and we simply don’...
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All,I am about to put a 4plex under contract and ran into an issue.The down payment is coming from a combination of family/friends so I contact the financial institution that used for purchasing my home and was told t...
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I have an applicant with bad credit, but high income (and under contract). He is willing to be flexible with a lease structure. I would appreciate any feedback on the idea of setting up an 18-month lease with the firs...
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I've found some properties in my [pricey] Bronx farm area and want to acquire my first investment. I have the option to use a VA home loan, but my credit took a dip and is still recovering. If I offer a down payment...