Does anyone have experience with a commercial loan and buying apartments that have more than 4 units? How much money (what percent) do you need to put down for a commercial loan? Just wondering if I need to save...
Hi,I have a friend who is a newer landlord such as myself, and he has run into a situation that I thought would be good to pose to the BP community to try and find the right solution. He recently acquired a SFH that h...
I have an investment property worth $500K with a $150K mortgage.
Plan to 1031X into a $1M property with a partner. Partner would bring $500K cash and thus own 50%.
1. Is this type of 1031 into partnership (LLC) pos...
Hello, I recently started learning about real estate investing and I'm considering buying a house Upstate NY that requires rehab using an FHA 203K loan. My intent is to move in with a 3.5% payment and improve the valu...
I am the tenant who just moved into a property yesterday night (July 27th in Maryland). We signed a year lease for July '18 - July '19. We paid for the full month of July and security deposit. We were going to move in...
Hi guys,New investor here!Currently I am house hacking a triplex. The triplex has one thermostat for all 3 units. Is there an easy way to separate the heat for tenant responsibility? Is there a way for me to avoid tak...
I got a super nice house under contract about 3 weeks ago. Seller had signed a listing agreement, but agency/seller terminated the agreement because seller was not ready to have interior photos, etc. This one did not ...
Hi all,
My first post in this group. :)
I manage my own long term rentals. Part of my process is to email or hand the potential tenant an application to fill out (with pen) and they will either scan and email back t...
Couple months ago a tenant on third floor of a 6 unit apartment building complained about squirrels. Tried to take care of the problem ourselves with no luck. Cut down all trees around the property. They still were ge...
One of our Tennant's daughters apparently just slipped on a puddle and fell according to the tenant. This came after I sent out a notice that she owed a balance on her account. She refuted the bill and then said by t...