As a long time lurker, but first time poster, I have to tell you all that I am really impressed with the quality of the posts and all the awesome cooperation shown in this forum.In an older post Jim Johnson said "In o...
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I was wondering what the normal percent down would be on a triplex purchased as an investment property. My loan officer right now is saying 30% down because it is three units. However I have never heard this, I always...
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I was wondering what the normal percent down would be on a triplex purchased as an investment property. My loan officer right now is saying 30% down because it is three units. However I have never heard this, I always...
Per the item below, does this mean that a real estate agent or anybody who has an ownership interest in a piece of real estate, can market a co-owned property without a listing agreement or the consent of the other ow...
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Can I invest in syndication with my retirement funds?
Yes! In fact, this is one way that many passive investors get started with real estate syndications. To invest in a real estate syndication using retirement fund...
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Hi guys,Is it a common rule in FL that hard money lenders lend on basis to the purchase price? I have a property I am trying to get under contract at a very discounted price (probably less than 70% ARV) but the HMLs I...
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I have a small 8 unit apartment with a common area between the two four-unit buildings. One of my tenants is illegally parking a motorcycle in the common area and leaving bikes in another part of the area. Can I leg...
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I placed an offer for my first deal today and the buyer is not willing to accept the contract as contingent on the appraisal by the bank (my source of financing). Is this common or unique?
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So i have some one who i know is legitimate and just told me what he can offer me. His offer is i pay 10% of property and he pays the other 90% with 9%-9.5% interest. And he also pays 100% of the rehab. Im just wonder...
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I just bought a two family with a very damp basement. I put a dehumidifier down there but one of the tenants asked about which unit's electricity it's plugged in to (answer: I don't know but will be checking tonight ...