Here's an article that sums up the limits and requirements for those of us still willing to offer seller financing to owner occupant buyers. Note that it is possible to do at least one deal a year with no MLO requi...
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I'm looking to BRRRR a CMX2 triplex in Philly where the first floor must have a commercial section. I have a few questions I'm hoping to get clarity on. Maybe some people have encountered this before.1) As the owner, ...
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Hi All!I have a home which I bought three years ago as a rental. I got a bank financing on it. I'm looking to owner finance it out on a wrap. My question is, do the buyers have to have their own insurance policy or do...
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I have a rental property that would benefit from an additional bedroom. The basement is currently 6'3" high. How complicated is it to dig another 12-18 inches in a section of the basement to be able to build a 3rd leg...
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I heard that it can be advantageous for a real estate agent or broker to ensure that buyers are required to use the broker's recommended loan officer or mortgage company unless the buyer is willing to provide an addit...
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Hi all,I'm reviewing property manager bids, and in a couple of contracts, I've found the following clause:Carry and pay for: (i) public and premises liability insurance in an amount of no less than $1,000,000; and (ii...
I have a commercial property with 5 units that is part of three phase shopping center. I have a martial arts studio interested in leasing one of the units. Should I be concerned about increased liability and/or it bei...
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I am in the process of doing a cash out refi, and got notified by the lender that I will need to provide a hand-written letter (not typed, in my own handwriting) listing the properties I currently own and stating that...
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Hello, I have been working on 6 unit new construction apartment and we should be finished in one to two months. We will have building insurance but I would like some inputs on if I should make Tenant insurance option...
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Last September I purchased my first investment property and currently have tenants in the home. The home was listed as a 2 bedroom 1 bath but it actually has 3 bedrooms and 2 bathrooms. The house has an unpermitted ad...