I am under contract for my first commercial building (12 units). I would like to find out (and the bank has asked) whether any of the tenants have been out of work due to covid19. The seller, the seller's attorney, an...
I was wondering if anyone has had any luck getting a single wide mobile home to qualify for a conventional mortgage and if so what lender you found that would do it. I currently have an older mobile home that I am usi...
My wife and I currently own and live in a three unit building in Chicago. We have one studio occupied by a tenant who has been there for two years who pays $850 a month. The other unit is a two-bedroom one-bath and re...
I recently came across a thread with the term lump sum principle payments. I've searched this term and have failed to come up with much evidence as to how it helps investors except for with tax purposes.
"I u...
Me and a friend (50/50 partner) are going to the bank next week to attempt to secure financing for our first deal. One thing I want to do is make up a "packet" with pictures of the property and the vital numbers. What...
My business partner and I have an accepted offer on two rentals as a package deal. We are dealing with a local bank who specializes in rental property loans. The total loan amount for the combined properties is only 3...
Interested in possibly lending some money out as a private or hard money lender. Other than working with my attourney to ensure that I am protected, please offer some general advice and information. What are the going...
Are there any tips for finding a good real estate agent to work with? I'm having trouble finding someone that can help me grow my business.
Let's say I have about $20,000-$30,000 saved up for a down payment on a home. I would like to buy rental property but since I have experience in building everything from the foundation up I'd like to get a deal on a r...
Good morning,A little bit about me.I am planning on starting to invest in real estate in the next 6 months. I am 23, I live in NYC because of work but plan to invest in my hometown in Texas. It’s a town that is growin...