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Here's the scenario: In escrow on property, seller provides rent roll and tenant is 10 days late on first months' rent. Note, lease was signed right before listing property, so this is first time rent has become due....
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What should I be using for the down payment assumption when applying the 50% rule? Obviously, the larger the down payment the smaller the mortgage and thus the greater the likelihood of actually passing the 50% rule ...
I'm curious to hear from seasoned "buy and hold" investors....when thinking about growing your portfolio how do you best re-invest your cash flow proceeds from a property? Do you think it's a better idea to pay it to...
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Hey everyone. Obviously a lot of things to discuss related to Seller Financing (SF). For the sake of this post, my question relates to early payoff considerations. I'm currently working on a time-phased purchase of...
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Hey, BP! My wife and I have closed on our first ever property, investment or otherwise. We bought it through a hard money lender at 1%/month and 10% down. What I am now trying to do is refinance it so I can have my...
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I am a newbie and trying to get some advice regarding how many adults and children can comfortably live in a 2 BR, 1.5 bath rental unit in a duplex. Any guidelines? If there are too many people who want to live there,...
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I am trying to find a wholesale contract/agreement from a professional real estate attorney, but having a hard time finding them. I called a few practices but it seems like they are asking more questions and i am teac...
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Hi there, I'm an aspiring investor looking for opinions on a potentially great opportunity that's right in front of me.Several years ago I inherited a 50% stake in a SFH in a small town (population ~10,000) in SE Minn...
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My business partner and I are looking at buying a property in Akron, OH, but we aren't intimately familiar with the city yet (we both live in Florida).Other than virtually driving around on Google Maps Street View, do...
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I invest in land and have done entitlement/zoning and other DD work successfully for years.A broker called me this morning on a property I have on a busy interesection and has a QSR client who likes the location, but ...