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So I have tenants that are best friends. Over the weekend one tenant got into a car accident and said he wont have rent on the first due to the car payment issues. I said well, you are required to pay rent but Ill giv...
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I have a property I will be selling soon and I was thinking of offering owner financing, but not having ever done that before, I thought I'd ask the following questions to get a little more insight into whether this i...
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Hey guys-
Brand new to the site and really enjoying it so far! My business partner and I have been investing in real estate for about 2 years now and we're looking to take it to the next level but need some advice. ...
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I am going to check out this property tomorrow on the west side of Cincinnati. It is fully leased except for the bank who has vacated and moved around the corner. Ideally I would love to land another bank to occupy ...
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Like most new investors, I am working on building capital in order to properly fund my first deal. I have a good amount of equity in my personal home and have a 2 part question to pose here:
1- Is using equity from m...
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I've hit my 10 property limit with Fannie Mae: I invest all single family buy and hold homes. I've had several bankers say they'd loan more to me (on thier commercial side) I'm curious if anyone has successfully used ...
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Hi,My thoughts here are that the deed is what matters most...but I'm not sure.The seller is on the mortgage with several other names of the same last name (family) when originally purchased property in 2009.However, w...
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I have different loans and I want to know how they will affect my DTI
1. Seller Financed: I don't see any verbiage in the loan document that made me think this is personally guaranteed. Do the taxes and insurance on...
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Got an emergency call last week that one of the units toilet wouldn't flush and was backing up into the shower. My plumber went and discovered tush wipes sitting ON the toilet tank while trying to test the toilet. He ...
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Hello BiggerPockets!My parents have worked hard throughout their lives to put their kids through school and pay down the mortgageby the end of this year they will have finally paid off the house and are hoping to reti...