So we have found what seems to be a great opportunity with a 3 family property in a great neighborhood. All of the numbers look great except the price. It is overpriced by a good bit but we have learned that the ban...
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I have a non-QM loan on a apartment building. The current monthly mortgage payment is on auto-pay which I believe I set up with the current mortgage servicing company when I bought the property last year. I called the...
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Where can I find a non recourse construction loan?
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Hi Everyone,I really appreciate all great pieces of advice you’ve to give here and I already regret for not asking sooner. So, I got my first and only property in 2019 - it’s a 2 bed 2 bath apartment in Jersey city wh...
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Hi there,I'm searching for my first out-of-state buy-and-hold investment property and after speaking to several lenders and realtors, I'm hearing different things that I hope to get some clarification on:1. To qualify...
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I may be going through my first eviction. My tenant called me a month in advance to let me know that they would be late on the rent for this month. I agreed to extend rent for one month only, and then the deadline pas...
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Hi Team,I've just started investing in RE 5 month ago thru a TK company and now facing tenant eviction and really need your input please! So, what happened was, I got a great 3/2 SF property in a solid B class neighbo...
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EVICTIONS CAN BE A NIGHTMAREYou did your due diligence, you purchased a property after running your numbers, you found a great tenant, checked their background information, verified their income, and followed up with ...
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One of my tenants in Bakersfield, CA has been only paying partial rent for more than a year claiming covid impact. However their recent application for state rental relief was denied due to their income being higher t...
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Help!! My tenant doesn't have a cell phone and every time I go there for rent she is never there. I don't want to evict them because it will be an expensive process nor do I know the correct thing to do. Whenever I do...