Grant Amsberry
25% down on my first rental property
I am in the process of getting financing for my first rental property. The lender wants 25% down. Is this standard? Are other lenders more flexible?
Sudeep Jain
Sec 8 rent thousand dollars below voucher standard
I recently bought a triplex in Oakland, and inherited a sec 8 tenant. The rent this tenant is paying is far below the voucher standard. The voucher standard itself is a little bit over the rents for the neighborhood. ...
Greg Routen
Disclosure on Off Market Property
Hi All, This might be a silly question but I'm trying to get a better understanding on whether or not I need to disclose that I'm a Realtor in an off market deal. I'm interested in purchasing an off market property fr...
Cassandra Sifford
Section 8 Rentals - What are Your Tenant Standards?
HAPPY FRIDAY BP!!! I am under contract on my 1st investment property in what looks to be a C class neighborhood. The court I'm buying on is fairly quiet, not as congested as the rest of the neighborhood and clean. ...
Brian Ellis
Seller financing vs. lease option - what’s the difference?
What would be the pros and cons of each option? I’ve run into a scenario where a seller wasn’t willing to seller finance, but came back asking if I would consider a lease option instead.
@Steve Vaughan would you be ...
David Prince
Does anyone have a Purchase Agreement for reference?
Im looking at purchasing a SFH using seller financing in Indiana but the seller has a listing broker. Has anyone had experience with this? How do I go about submitting an offer and negotiating financing terms etc? Id ...
Megan G.
Fannie Mae home path addendum
Hi, we are purchasing a fannie mae homepath property. we agreed on a price including our estimate of what we would need to fix the house to the fha 203k standards. they want us to sign the agreement stating we wi...
Ben Foullon
How do I form a holding company?
Hi! I am wondering how to form a holding company. I was told that you just form a standard LLC and I would just list my current LLC as a managing member. Is that correct?
Simon S Marthinsen
Tax Implications of Using Family Members HELOC to buy property.
I'm buying a commercial property with my business partner using his parent's HELOC as short-term financing. The purchase price is $230k. The heloc is 4.25%. We are paying interest only. What are the tax implications f...
Rick Santos
Help - Leases, first time landlord
Hello,Looking for some help from other Connecticut landlords on lease agreements and tips. I am in the midst of rehabbing my first investment property in New Britain, CT and am targeting to have it ready for rent/occu...