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I have a person inquiring about renting to own one of my rental properties. I'm not exactly sure how this works. I'm open to the idea, but would appreciate someone with more experience than me to offer some explanat...
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I still have a number of potential tenant buyers asking why doesn't the monthly rent go toward reducing the selling price in a lease option deal.Here's how I explain it: Your pay a monthly rent to live in the house yo...
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Hi Folks, I just would like some clarity about the differences in deals when going from, say a fourplex to 5+ unit buildings. I hear anecdotes that the loan type becomes 'commercial', but would appreciate some explan...
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I have a deal I am working on that the homeowner is absolute about not adding my company as additionally insured on his policy. My explanation to him is on def ears. He knows the basics: I intend to sublet the propert...
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Hi, I'm trying to get code violations list from 2 villages. I did FOIA form and they get back to me with the statement:"In response to your recent request for information, we are unable to locate the requested materia...
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Hi all,We are under contract for a property and found a 'damprid' container in the closet of one of the bedrooms in the basement apartment. Is this something to be super concerned about?
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1) From my understanding DMSH counts towards all UOPs but SHST only applies to the actual structure UOP e.g. - New plumbing would be plumbing UOP, appliances would be their own UOP, etc, and can be deducted via DMSH b...
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Bought my first property for $27k ARV in the area is about $67k. However I don’t have a credit score so I was wondering what options I have using the deed to the home I own free and clear. Any suggestions?
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I have a general question in regards to some professional opinions on this site. I will be the first to admit that I have looked into a couple of the "guru" programs. At first, I really didn't know. I attended a semin...
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I've just purchased my first college rental! Hence, one of my first posts on this website. I am a frequent visitor but have not posted yet. I've been trying to learn all I can but now feel comfortable to move into a...