Tracey B.
mixed use property, top floor rented, office space vacant
I have a question. I bought a mixed use property a few years ago that I used to run a business out of. The top unit is an apartment that has been consistently rented with no issues. Last year, I stopped doing the busi...
Chase Farley
Triplex higher interest rate?
Hello!My wife and I are nearly ready to buy our first house. We are speaking to a lender in VT that is wanting a 3.8% interest rate after we put 25% down. Our credit scores are in the high 775+ range, with 5 years o...
Leroy Williams
Subject To Existing Lien Deal
Investment Info:
Single-family residence other investment in Hampton.
Purchase price: $204,000
Cash invested: $5,025
I've was in negotiations for a little over a month with the seller. Due to a parti...
Cavelle Martin
Quitclaim/Existing Mortgage Question
Hello. My spouse and I currently rent a home from an acquaintance who no longer cares to deal with the stress of a place that needs constant work and is the byproduct of a breakup. In other words, this place is a tota...
Angi Kruse
Multifamily property with shop
Investment Info:
Small multi-family (2-4 units) hard money loan investment.
Purchase price: $161,000
Cash invested: $161,000
3 unit property, potentially rent out shop.
What made you inter...
Malcolm Brewer
HOW CAN I FLIP $25K? should I put in RE or stocks?
Greetings, I ran into a small sum of money and I am thinking of the best way to flip it in a NYC/NJ/MD market. I currently trade stocks in my spare time and understand a small sum of 25k can barely crack a dent in my ...
Neddrick G.
Ideas for Vacant Land to produce passive income
I just recently purchase 3 acres of land (currently zoned ag, has septic and well) and 6 acres of land (zoned ag, no well or septic). Both of the properties are vacant and mainly consisting of trees and wooded area. I...
Chris Benicaso
Need help with timelines please....
Hi there....I am an agent in Northern CA and currently working with buyers who have a very strong interest in a home that is for sale, but a short sale.
what is the timeline from the start of the short sale process t...
Stefanie R.
Good credit score, 15k in savings, but will I still qualify?
I am interested in purchasing my first property and have been saving up for a while. My credit score is above 750 and I have about 15k saved for a down payment. However my biggest issue is that I am unemployed at pres...
Marcus Auerbach
Best ways to collect rent (electronically)
We have been using ACH though our bank for many years and it works great for the most part. It's also free. The downside is that is a very rigid system. Some tenants also don't like the fact that they can't initiate a...