Chaits J.
Question on Refinancing a Duplex
Hello All,I am in the process of buying a Single Family home off market which has a mother in law suite with a separate entrance that allows us to rent the home as 2 units once purchase & rehab is done. This will ...
Jeffrey Zhang
how to change tenants to bring rent to market price
Hi, I'm wondering how to change tenants to bring rent to market price. it's impossible to increase the rent for current tenants since there is rent control in place, the increase cannot exceed 5% annually. The curren...
Brian Bilquist
Cleveland Water Bill - Unlimited Risk Potential?
I've been eyeing different markets, Cleveland among them. According to the Holton-Wise Property Group FAQ, they don't charge tenants for water due to the city's policy (specifically referring to this thread: https://...
Xiaowen Yang
condo conversion, the 100 years building's FAR is over zoning FAR
Hi Everyone, I am trying to buy a 100 years old property in Boston and do a condo conversion. But the property's FAR is way over current zoning code. In that case, can we still do condo conversion or has to get rid of...
Sam Morgan
Can Bank Account for Security Deposit accrue interest?
Basic bank account structuring:Can Checking and Savings Accounts for individual properties be within the same institution from which I do my personal banking?If so, can the Savings Account for one property designated ...
Dwight Cook
Lenders for Multi-family investment properties
I am looking into a duplex that costs $60,000 and I have $10,000 currently to invest. The only problem is I cant find a lender that is willing to Finance a mortgage because I will not be living in it. I have excellent...
Mike Abramowitz
Condo conversion for refinancing purposes?
Let me start with I am currently in Boston area where a 3 family home costs 1-1.5M on average. I am curious if I were to convert a 3 family home into condos would I be able to refinance each condo to get 75% LTV and i...
John Calcaterra
Mobile Home Park Conversion??
I am seeing several 5th wheel campers replacing the conventional mobile home in our area mobile home parks. Anyone else seeing this? I would think this would be frowned upon in certain municipalities, however it makes...
Terri Gayle
Buying Land but Seller only has a Sherrif's Title
Hi guys,
I really need your opinions and experiences. I'm in the process of buying a piece of land but the seller inform my realtor that she only has a Sherrif's title for the property. I really want this land. Any ...
Georgina Graham
First time home buyer
Hi there,
I have been pre-approved for $350,000 and have looked at few houses and I am in between 3 houses that I like. One is in Spring Lake Park, MN, another is in Andover, MN and the 3rd one is in Shoreview MN. I...