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I have been managing rentals in Newark for 5+ years. Recently, when I have a tenant that is falling behind and wants to catch up after I take them to court, I have been writing what my lawyer calls a Stipulation Agree...
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Line # 10 basically states the home may not be transferred or sold for 30 days. Escrow are to add this verbiage to the closing instructions and must notify Countrywide if this does indeed happen.
That kinda sucks. ...
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My lender found me an out of state private lender for this commercial property I’m wanting to buy. The property is 8 lots with 8 electric and water connections, 2 mobile homes, and 4 travel trailers on the property. T...
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Particular situation here! Looking to create a 30-45 day lease for someone who owns another unit in my building. She’ll be doing repairs in her own unit and would like to stay in mine while that happens since my unit ...
Hello everyone I have a tenant that is on a NON-FINAL STAY BY STIPULATION and doesn’t seem like they are moving or even look for apartment. After the time period pass how long will it take for me to have this tenant r...
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What are some of your favorite contract stipulations when you make an offer on a rental?
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Hello Everyone,
I am in the process of my first eviction. I have gotten to the stage where I have denied their special defense and a meeting with the housing counselor is being scheduled to see if we can come...
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Hello all,I’m writing this post to create discussion as well as potentially network with some savvy lenders and/or other investors in my area! So, I am currently stationed at Fort Campbell, KY and am looking into the ...
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Does anyone ever tie the rehab contract with your contractor to the buyer's inspection? For example not paying them the final payment until the buyer's inspections gives the final approval?
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Ok I contacted a mortgage lender in my area about what I would like to do.
Here is his repsonse...
There are rehab loans you can utilize for something like this. A lot of them
require a builder and a lot of headache...