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We have a triplex under contract and the condition of one of the units is very concerning. Filth and leaks in both the bathroom and kitchen faucets were identified in the inspection. The tenant is older, loves the pro...
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Hey everyone,Does anyone have experience using an FHA loan on a duplex? I am in the process of obtaining my first house and I ran into a problem. The house is in pretty good condition and I think I would be approved f...
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Hey everyone!I am reading through "The Millionaire Real Estate Investor" right now and I am trying to get a better understanding of the process of buying an investment property. I came across the escape clauses that ...
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I got a financing strategy question. When I buy a property all cash, I need to wait 6 months to do a cash refinance and get my money out BUT somehow if I get a hard money loan to buy a property (technically not my cas...
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Hello all, seller is behind 8 months on his mortgage ($3000). The home is vacant but in good condition still. ARV is 65k. Mortgage has a balance of 23k (including past due). Piti is $400 a month. Seller just wants out...
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When a buyer asks for items on inspection report to be repaired, do you all repair them or negotiate which ones you are willing to do?
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Hello all.. I have a property that I am bout to go under contract on, to be a primary residence. This will be a private deal with our attorneys- no real estate broker involved. The contract will be signed soon but the...
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Try to make it short and concise if possible.Four unit condo building, individual owners. Units 3 & 4 owners are out of country owners, knew each other, bought units when market was low, and rented them out. I o...
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In the inspection period of a REO and this thing has run all over it! I have had professional inspections and quotes for pest, foundation, roof, and mold. My plan is to renegotiate a lower price or walk. This house ha...
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Hello everyone,I have a single family rental in a A quality neighborhood that has been nothing but fantastic for the past year and a half. The original tenant was a Godsend and honestly just paid us to use the 1350ft^...