I own 24% of an apartment building with a mortgage on it. I want to cash in my ownership in the building. I need to know what I can ask for for a price to buy me out. I have no idea how to calculate that number. Build...
I have a existing tenant who wants to add a roommate. How do I go about. I assume I will have to qualify the roommate on the same terms as the tenant. Should the roommate also qualify individually for the 3+ income re...
Changes That Will Affect the Entire Real Estate and Mortgage IndustryThe rules are changing for mortgage lenders. The consumer Financial Protection Bureau (cFPB) is replacing some of the forms used at closing and requ...
I own three homes in two homeowner associations that have exorbitant fees charged when homes are sold. In one neighborhood, the management company charges at least $500 (and won't say exactly how much) for emailing HO...
Hello, could someone please try to explain this...
I just bought a building. I used two separate online mortgage calculators which both indicated that I would be paying 10,458.53 per month on the mortgage amount belo...
I'm self employed and have a 760 credit score. Due to write offs and deprecation my tax return is not that impressive. I flipped some really good SF contracts that would of been good keepers if I knew of a loan produ...
After over a month of waiting for appraisals, environmental assessments, inspections by city, etc we are two days from closing on a 6-unit building about an hour and a half outside Philadelphia. While reviewing the H...
My wife and I have recently taken possession of our first rental property a triplex in Ontario Canada. Less then a week into our ownership small issues are arising already.
After meeting with the three inherited te...
I found a cool building in South HarlemThe seller wants $2.6M for this 5 story, 7 apartment, 4500 square ft. residential building in Harlem. I estimated the total renovation costs at $1.1 million, NYC averages around ...
Hi, we need some help on evaluating our first deal.We found a 4 plex that we want to house hack. Here are the specifics:Asking: $335K (will offer full price based on the market)3 BR - $12001 BR - $7502 BR - Our hack...