Jason Cotner
Legal Shield
Hi all,I am wondering if anybody out there uses Legal Shield for their REI business? I was thinking of using them for putting together and reviewing contracts, legal advice, etc... I believe they charge somewhere aro...
Alexander Johnson
Purchasing a duplex with a tenant already housed
I am about to purchase a duplex that already has a tenant in one of the units while I house hack it. Their lease expires in July 2021.What questions should I no doubt ask the current landlord? How would I handle a lea...
Nate LaBlance
Buyer & Closing Costs
Hi All! Looking for my first rental property investment, which will also be my first home purchase. Should I factor having to pay some of the closing costs as a buyer or does the seller always pay? Or a case by case b...
Kanwar Sodhi
Need help with acquiring 4 Plex
Hey BP,There's a really good 18% ROI 4 Plex in Georgia but I have 1/4 of the 20% down payment needed (5%). I've asked my agent to ask the listing agent if the seller was open to being 2nd lien on the property at 5% in...
Michael Zack
Offer accepted...is this good financing?
How do I evaluate whether this is good financing or not? Are rates different for multi families? I thought rates on 30 year fixed right now were around 4.0%...
With 20% down $108,000 down payment; add in closing cos...
Andrew Li
Seller Financing Terms on Property Installment Sale
I like to seller finance California rental property on "Contract for Deed" installment sale to spread out capital gains tax over multiple years.
Seller gets down payment. Buyer gets equitable title to use and possess...
Sarah Kuppert
Paying mortgage insurance upfront
How do you feel about paying mortgage insurance upfront? My loan officer mentioned tax benefits as a plus and lower monthly payments. Are there any downsides to that loan payment option from an investor point of view?...
Shawn Crawley
Is this normal for an agent
In the process of getting prequalified for a FHA loan and I've been talking back and forth with a real estate agent (known her since I was a kid). I asked her how much usually is closing cost and she said 6%. Is this ...
Tom Scott
Buying Already Occupied Building
I'm looking at a few 4-plex buildings and most already have long term tenants. I know I need to look at the lease agreements before I buy, but what else do you do in order ensure an easy transition for the tenant? How...
Benjamin Perdok
Anyone used Roofstock?
Hello All, I am wondering if anyone has used remote investing services like Roofstock? I am wondering if anyone could offer their experiences and whether they would recommend this as an avenue to get started in remote...