I need to get $135k out of this property to break even. My buyers can only get approved for $127k. They are willing to pay the $135k just have no means to do so. They have tried to gift, borrow, up the mortage and not...

Hello,I have a question regarding fire suppression and fire sprinklers.  My wife and I are in the process of creating a residential assisted living facility.  As a matter of course, we have to bring the building up to...

I purchased a duplex 1.5 years ago. We did some rehab which involved new brick work on the exterior and a new deck. This was so we could replace garage door lintels, which was mandated by the borough. This was paid fo...

Before I waste money talking to an attorney just for them to say nothing can be done I thought I'd ask here in case someone has dealt with something similar.

Listing shows "Property can only be conveyed by quitclai...

So the past couple years I have been flipping homes in the Myrtle Beach SC market. I've done pretty well so far. I have two flips going right now and I'm working on locking down a 3rd. I have never had to do a full gu...

I am considering financing a local investor who is buying a partner out. My borrower also owns an apartment complex financed with a bank loan and bought within the last year with other investors. I'd be providing fina...

If buying a property with cash outright, would it not make more sense to write and sell your own note on that property instead of doing a conventional cash out refinance?  The market will dictate the rate and terms, b...

I had a rental property that I sold to an investor Subject-to my existing HELOC which is a 1st mortgage.  My buyer then sold and  Assigned the contract to another buyer who assumed the terms.  The balloon is due in Au...

When calculating DSCR, we know that the formula is NOI / Debt Service.  My question focuses on NOI, specifically rent.  In DSCR calculations, has anyone ever "straight-lined" revenue?Projecting revenue is easy.  For e...

Hello all,

To preface this, I am a newbie at the real estate game!

I own a double in which I rent out the upper flat. The tenant was on a lease which has now expired. Honestly, I like the idea of keeping them mon...