Lucky B.
A partner wants to come onboard with me, but i want formality ,
Guys, i recently put in an offer for a bank owned home and i expect the bank to accept my offer soon. The offer is $280k and a good friend of mine wants in on it because there is about 40k of profit to me made on the...
Simon Lopez
Tenant requesting 6 month lease.
<------Newbie here.Yearly lease is up next month. PM tells me the renter is asking for a 6 month lease that would end September, instead of a yearly lease. Is it hard to find renters before the holidays? 6 month...
Ronald Madlock
Putting together a Killer seller financing deal!
Hello All,
I have done a basic buy and hold deal before, but I am now interested in seller financing. When I was selling my duplex I ran across an offer that would require seller financing, but I turned it down due...
Jason Turo
Which loan to choose (less down/pay more, OR more down/pay less)?
Just want to talk out a situation.We are moving to a new areaHave not sold current house and will operate as short term rental, $1600 mortgage plus operating expensesUnder contract for a new house in new location at $...
William K.
Refinancing to Get equity out
I want to Refinancing 2 properties to get equity out of them. My question is should i do one at a time or both?
Ming Wan
Problem tenant stalling for time
Hi,I've a tenant in Decatur who's now not paid rent for 5 months.When they first became delinquent late last year, my attorney moved forward with filing for eviction. The tenant then applied for TLAC rent relief and m...
Steven Clevenger
Financing Difficulties for an investor loan to get 2nd property
Hello all,
I have been having trouble acquiring a investor loan line of credit to acquire my second property. My credit score is good(750) and I have enough for 25% down on a 250K home(which is the price point I am l...
John McKee
Hey Lenders and NNN Investors I have a question on financing
I've been told it's possible to put 15% down on a property instead of the usual 25% by using collateral. Let me know your thoughts!!!$5,300,000 Purchase Price 795,000 15% down 530,000 10% equity to come from ...
Katy McEntire
Best Florida Location for STR/Vacation Home
What areas do you recommend for purchasing a STR/Vacation home under $400k in Florida? We like the Tampa area but are open to wherever the numbers look good...we looked into Clearwater/St. Pete but am seeing they do n...
Joan Smith
ACH payment late fees Question
My tenant initiated an ACH with their bank two days late. (the screen shot shows they set it to withdraw from their account two days after the grace period). Is the payment considered ‘received‘ on the day they initi...