Jackie F.
Lender Requiring 12 Months Escrow for Taxes & Insurance
My current lenders for a primary residence I am purchasing is requiring 12 months of escrow UP FRONT AT CLOSING for taxes and insurance PLUS the normal contribution going forward.I have a shortsale on credit report da...
Drew Lied
Newbie looking at a small apartment complex and the financing
Hey everyone,I'm evaluating a small apartment complex, over 4 units, less than 12 and was wondering about financing.Is this going to be difficult for me to get without any other deals done?What's the minimum down paym...
Bernadeau C.
The right way to do Syndication with several individuals
A few partners and I have just started a syndication group, where we plan to put our money together to eventually start buying rental properties in the Orlando area. We have created an LLC and have an operating agreem...
Branden Wilkinson
Where to go next
As of today, I currently rent out a single family home and I am house hacking a duplex that I plan on renovating into a triplex (basement unit is not finished but it was meant to be a triplex). I used VA loans to acqu...
Jeremy England
Hard money for auction?
So I read alot about real estate investing. I was a builder about 10 years ago and did 1 flip that was a REO property and it turned out great. I financed that project with a buisness line of credit. Since then I le...
Justin Homer
No more 3.5-5% down FHA loans for duplex-fourplex as of Jan. 19?
Hi everyone, so I am new to real estate investing and am trying to get my first investment property. I am a real estate agent in MN but have only been doing that since August of 2018 so I am still learning a lot about...
Pavan Gupta
Construction Lending in Oakland, CA (SFH -> Duplex+ADU)
Hi!, I'm the happy owner of a single family home in Oakland, CA that may be ready for conversion into a multi-family home (Duplex+ADU) which requires a long list of things to come together, one of which is financing. ...
Christian Allen
Contractor failed inspection wants to charge more
I hired an electrician to install a complete hardwired and interconnected smoke detector system in my multifamily property. The fire inspector came out today and did not give a sign off because some of the smoke dete...
Ben Naughton
Florida Law on Renting to Undocumented / Illegal Immigrants
I just had what seemed to be a great family of 3 come look at an apartment I'm renting. When it came time to fill out the application they asked if a Passport number (not from the US) would be Ok as they didnt have a...
Vincent Plant
Buying Tenant Owned Property - Seller wants to keep Security Dep.
I'm in the process of putting together a deal where I am buying 2 twin properties. Its one building but two separate homes side by side and I'm buying them both simultaneously. They are both tenant occupied, and I wil...