Hello all,I'm currently in process to become a RE agent in NY as part of my overall plan to become an investor. I started the 75 hour course, and while studying I came across a potential hitch in my plans, specificall...
Hi all,
I am purchasing a single family home (It was originally a duplex, and is still zoned as a duplex, but the current owner turned it into a SFR). The bank appraised it as a SFR, did my loan as a SFR (5% down), a...
Lets say I am purchasing a property utilizing a lease option. During the option period I will be making significant improvements and the purchase price is already discounted. I have it under contract for 80k, but afte...
Hello BP
Recently I applied for a HELOC on my home and was looking to use the money to invest in a rental property. The home appraisal from my credit union was significant lower then what I expected. The credit union...
Not sure if there is a solution to my issue.
My wife and I have a duplex and a triplex in a small town in Georgia. Tried to refinance 2 times but failed because there are NO multifamily comps within 100 miles.
Bot...
I told my brother that I had a tenant that was section 8. He immediately started calling me a slumlord!Has anyone else expererienced this? The stigma might be so strong that I might just altogether avoid mentioning th...
Obviously I am new. I keep seeing "SUB2" or "Subject to" referenced in forum post and cannot figure out what your talking about. I've looked around alot. Please help. Thanks, Donna
Dear all,I’m working on a 3/2 SFR rental lead in Houston Metro area. Asking price is 175k$ and I’m coming back with the following 2 offers: a)160k$ cash, no contingenciesb)175k$ Owner financed with 40k$ down and 135k$...
I have been looking at sample tenant applications trying to create one I like. A lot of them are very basic and I feel lacking in important information I need to properly screen applicants. I took pieces from several ...
Hello and good day to anyone reading this. My name is Timothy J. Wagner and I have a question that I'm hoping someone can help out with.
I'm new to real estate and am hoping to get on my own feet someday but at the ...