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this would be my first property if i can get it but it will probably be bid higher then i can go as i want something cheap and i'm thinking of renting it to section 8 so therefor i think a 3BR would be best althoug...
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I recently put a 10 unit $810,000 MF unit under contract and was eager to secure financing for the project and was persuaded to let a new lender obtain approval at his local community bank. The guy indicated he wa...
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There has been some water cooler chats about impact to home prices in NYC due to the severe hurricane. Hurricane Irene, although much smaller in scale, did not seem to make an impact at all.
What do you think will...
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I know that this is something that won't matter too much down the road, but I would like to determine my company name now for marketing, brand building, and networking purposes. I don't want to go with a "we buy house...
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I am looking to buy a investment property in NJ. I am trying to decide if I should get a loan from a bank as a conventional mortgage with 25% down from a bank or should I use my other investment properties line of...
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I entered into a contract for sale with a tenant back in 2005. In Dec 2006, I had contract drawn up and buyer claimed he had placed a deposit in escrow, as well as signing his copy of the contract. In 90+ e-mails, w...
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My tenant is mid-lease and we just found out she got a dog without prior approval. This is a lease violation, but we do allow dogs and told her she can keep the pet if she pays the required fees. I gave her 7 days to ...
Hi All,
I was wondering if you could take look at the below and let me know if numbers make sense to pull a trigger.
Thank you,
Property type: Duplex
Asking price: $110k
Offering Price: $95k
Comps: $129k-$160k...
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I've spent all day on the phone with lenders (9am-2pm) and may have found an acquisition strategy that will work. I plan on buying 2-4plexes. According to the banks I would have to put 25% of the purchase price as a d...
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I have been saving aggressively for my next real estate investment and this will be for a new primary residence. We live in a small town with only a couple of builders, only one of which builds homes in our price ran...