Brian Ronning
Buying a 4-plex with commercial loan and seller carryback complications
Good morning, I have a 4-plex I put out an offer on. Asking $320,000, with a potential $80k Seller carry back. Current rents would cover all expenses plus cap ex, maintenance and vacancy. Rents are low and after talki...
Courtney Adams
Appliances in a rental
What is the better option?1. Furnish your rentals with appliances (fridge, stove, washer/dryer) and assume responsibility for when they break2. Have tenants be responsible for appliances and therefore they are respons...
Kevin S.
Tax lien Sales
Hi:My names is Kevin from Long Island and I am about to start investing in tax liens. Hope to hear from others in the area or outside my area. I will update my journey. I just received my LLC. Not sure if i really nee...
Holly Wooten
being forced to move
My son and his cousin have had a lease for a year. They have been good tenants and paid on time or early the whole time. The cousin has decided that he does not want to renew the lease but my son does want to. The lan...
Misty Wilson
Out of State Investor working on building my team!
Greetings professionals of bigger pockets! My husband and I have a veteran owned LLC that we are looking to further develop. We have 1 property already under our belt that is rented out and about to close on a second ...
Christopher NA
Buying condo in Brickell
Hi all,
Thinking about buying my first home in the Brickell area.
The price of the condo I'm looking at (which is in same building where I currently rent) is around 720K. It's a 2 bedroom, 2 bathroom loft. Looking...
Gedaliah Fineman
Unethical clause in mortgage loan document?
I'm trying to close on a commerical refi cash out bridge loan with a lender when I found the following 2 questionable clauses.I asked the lender to remove them but he insisted that it was for the purpose of making sur...
Michael Morrongiello
Going to imminent TRUSTEE SALE (CA)
Situation: Owner Occupied SFH - Home is in FORECLOSURE - NOD filed months ago, NTS -Notice of Trustee sale filed a few months ago as well.; The property is scheduled to go to sale in a few days (thus its within 5 days...
Bill Springer
Eviction x 2 ?
Greetings! So I have searched high and low and can’t seem to find much guidance on a situation I am currently dealing with. I have received a judgement for possession against a tenant at the magisterial/district leve...
Alex Fenske
Will mortgage rates go down? / Should I wait to buy a home or investment property?
It's a popular question people are asking me these days. Here are my answers...Will rates at some point be lower than they are today? Yes. What most people really mean when they ask me this question, though, is whethe...