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Greetings All.I have a townhome rental in Lewisville, TX, with the following situation:-Tenants (husband and wife) signed the Texas Association of Realtors Lease Contract.-Two year lease commencing on March 15, 2016.-...
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The last several Wholesalers I’ve worked with had the buyer pays all closing cost in their canned contract as though it’s a given rather than negotiable. So my question is, is it common practice to just assume buyer p...
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Could someone please explain the mortgage interest limitations in the case of a NYC Co-Op owner?
For example:
Co-op has 100 units and an outstanding underlying mortgage of $20,000,000 ($200,000 per unit allocated). ...
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As a total beginner, I have been reading about CRE investments and understand that banks will typically lend based on the property value, tenant (assuming national grade or reputable tenant), and/or the value of the l...
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Good day to all,
I am a regular Joe looking to buy a house. After probing a little on the internet about a prospective home, I found out through RealtyTrac that the property is an REO. Count...
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I recently purchased my first rental property in August of this year. I created a detailed spreadsheet to track all income & expenses. I'm curious if there are any resources I can be pointed toward to help in calc...
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I would love to connect and get a sense of what you're seeing in Huntsville and or talk shop on the phone. I am Boston based and would like to get my feet wet. Looking to take a trip down in late Feb / March to first ...
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Data:Purchase Date: 6/4/2018Purchase Price: $494,500Appraisal: $542,000 / ARV: Approx. $630,000 - 660,000Loan Balance: $470,000Rate: 4.75% on a 30 Year FixedGoal: I am looking to remove MI and take out some cash to pa...
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My new tenants are gainfully employed and very nice. They provided security upon lease signing. This past week, the basement became partially flooded, damaging family stuff I had stored down there and building product...
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Hi my name is David, I'm looking for advice. In 2016 my aunt had two property's and wanted out because she was to old to deal with it, but she did not want sell because she needed the income. So i took them ...