Victor Maxey
Assigning Lease Options To A Tenant Buyer
I HAVE A BUYER IN PLACE WHO WANT THE HOUSE I HAVE UNDER L/O WITH SELLER. WILLING TO PUT DOWN 5% OF PURCHASE PRICE AND PAY MONTHLY RENT A MONTH. I PUSHED IT TO HIM FOR 10K MORE THAN I HAVE WITH THE SELLER. WOULD I REPL...
Amanda Thomas
Why are 203k interest rates higher than FHA interest rates?
In the process of applying for FHA loans and came across the 203k product. (House needs some rehab that I’d like to roll into my mortgage instead of being out of pocket). I was quoted an interest rate for the FHA loan...
Shane Jeanfreau
Cost/fees associated with a Syndication
Interested in syndicating on a smaller size multi family property. I own a few 4 unit buildings so I am not brand new to real estate. I have money to invest myself but I am also thinking of doing a syndication. I am w...
Parker Hoda
Advice needed! $15,000 Down payment assistance, first time buyer
Hello everyone,I'm looking for some advice from investors who excel in reading into the numbers of a loan. Background: I've been pre-approved for a First-time Home Buyer's loan. Since I am buying in a "hardest hit" ar...
Linda Thomas
Lease end date help to clarify please
Hello all,I have a long term tenant for over 8 years and I no longer want her in the property- every month she is late on the rent. I have always tried to work with her when I should have not been so lenient. Lately i...
Chad S.
How does our loan quote look?
My wife and I are looking to invest in a multifamily building on the north side of Chicago. We'll go from renting, to being landlords in an owner-occupied 3 unit building. Our real estate agent recommended someone at ...
Jonathan Wells
Cash Out Refinance, Minimum and fees
Can anyone enlighten me if I can get a cash out refinance on a Condo purchased for $55,000 cash in DFW? ARV will be a solid $85,000. I'd like to pull $50,000 back out in a few months. (I'm waiting to hear back from th...
Tal P.
Mortgage under LLC
Hi,I'm looking for banks/credit unions/Mortgage brokers that can help me to get a mortgage under LLC.I'm planing to buy few properties around Boston (MA) and i'm trying to figure out how to levrage my money and take m...
Rich C.
Roommate Switch Out - Pet Fee Return?
I have to perform a roommate switch out in one of my properties. The tenant lived there 3 months and paid a non refundable pet fee. I am trying to figure out if I should return a prorated amount or keep the fee. An...
Derek Epperson
Charging fees in a self storage syndication
Question for all of the self storage investors out there...is it common to charge fees such as acquisition or asset mgmt fees in self storage syndication deal? I know these are common in multifamily syndications but w...