We are in NY, a very tenant-friendly state but in an area where rents are very high. I met with a client yesterday to list his 3bed 1 bath for rent. Typically we would ask for a 1-year lease and 1m security (max here ...
I recently did the application for the refinance with a company, they did the appraisal, only for them to come back and say my debt-to-income ratio is too high because he forgot to ask about my monthly rent.
Does a...
I am asking this for someone else. An elderly woman was allowing a temporary guest to stay with her. The women was homeless and living in a hotel with her 8 year old daughter. Homeowner she felt bad and offered a temp...
Hi All – Need some advice right now. I am currently in escrow (and have been since last year) on a duplex in Los Angeles, CA. I will be using an FHA loan however both units are occupied. During the early negotiations,...
As a UK citizen looking to start a USA based ( centred in New York State ) flipping business can anyone guide me as to a good funding broker or direct lender firm.I have found a few but they do not lend to non USA peo...
Hi All,I have a condo in the Condado area in San Juan that I have been self-managing (not very well) since I inherited it. I think I am ready to leave the property management business and let the professionals do it....
Hey guys I am a realtor for about a year now, I got my first house 8 months ago which I am slowly rehabbing. I saw a condo i wanted, tried to get approved and I cant until i hit the 2 year mark and my income is not en...
I am looking at a property in the South Bay CA near Los Angeles that is a commercially zoned, legal non-conforming residential 2 bed 1 bath house. There is a house to the West of the property and on the East is an emp...
Hi There!
I have a neighbor at one of my properties,
I have asked him if he would do a 99 year ground
Lease on the land, he's very skeptical about it,
Because he's afraid the market will double and triple
And he wou...
hello I'm working as an independent contractor (technically self employed) for some time with a low income starting out 25-30k. What are peoples opinions on whether this will be a major obstacle to my plans to buy a p...