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Hi I'm an investor in the Metro-Detroit area. I am currently in the market for a home but with the market being so competitive for sfh in the area I wanted to buy a multi family home, but I was gonna occupy one unit a...
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Hi all. I have a property under contract from auction.com. It is a Wells Fargo foreclosure. The HML I was trying to use requires getting into the house for an inspection before they lend money. Wells Fargo will not al...
I have a tenant who is three months into her lease. She's been great so far, pays on time, quiet, no problems. Her boyfriend lives out of town and has spent a few weekends. Again, no problems. I live in the other half...
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I want to implement the BRRR strategy, but before doing so I had a question because this would be my first time possibly doing it. If I would pay for a property and rehab in cash, how long does it typically take to pu...
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Investment Info:
Condo buy & hold investment.
Purchase price: $192,500
Cash invested: $25,000
I purchased my first off-market deal without using any real estate agents, allowing me purchase below...
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My LLC has a small investment loan for a multi-family property through a local credit union. Last week, I was notified through a credit monitoring service that the lender pulled my personal credit report. I asked the ...
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Hi everyone!
I am planning to buy a multi family property in Reno, NV and i am curious to know if lender will count rent income from the property.
I am planning to occupy one of the units and i am hoping that inco...
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Hello everyone, I recently purchased my first rental unit on 1/28/22 located in Hartford, CT. I met most of the tenants except the 1st floor. While doing the showing I was told the first floor tenants were out of coun...
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I have friends who purchased a 60,000 soft former apple processing plant that they want to rehab to turn into retail, storage and maker space. They've asked me to help be their commercial property manager even though...
Hi all - first time landlord of two flat. Assumed rental lease to expire 5/31/22. They asked via text several weeks ago to extend to 8/31/22 and I said I would do 7/31/22 to allow for time to renovate and flip before ...