Ryan D
Buying a Bank Owned Property
I am interested in purchasing a property that was recently bought at a sheriffs sale by the bank. Any advice on how to approach the bank/start negotiations? Do I need to bring in my attorney this early in the process?...
Matt S.
Looking for Input - Where to get better returns on Equity
Hi All-I'm a newbie real estate investor looking for some input. I bought a condo in Brooklyn back in 2011 that has seen significant appreciation over the past 6 years. It was my primary residence for up until last ye...
Sean Chen
Should the tenant be responsible for the damage or landlorad
It was close to Christmas when my property manager called me and gave me the bad news: one of the tenants was celebrating his son's birthday and invited the boy's uncle to the party. They got into altercation and the ...
Alan M.
Selling building, tenant breaks lease, can I keep safety deposit?
I'm selling a 3 unit brownstone in Boston. I put in leases that required a 90 day notice period but generally treated my tenants well and gave them 5 months of notice so they could get their plans in order as the buye...
Jerry Tilley
Are there other loan products out there that are asset based besides DSCR?
I'm looking at purchasing a rental in North Carolina, I have Excellent credit (800+) and money for the down payment.. BUT!!! Im self employed and my debt to income doesn't look good on paper. I got pre approved for DS...
La T.
LLC vs personal umbrella coverage for investment properties
Hello,I am buying 2 investment properties. Am trying to decide between creating an LLC and getting Business liability coverage for the properties or just covering them using my personal umbrella insurance.Any suggesti...
Bret N.
Personal Finance Statement Template For Bank Loan
Does anyone have a template they could share that encompasses rental income & also income derived from my company(which also comes from buying and selling homes as a Realtor) I am trying to give a to a bank for...
Andrew Meegan
Saxon Mortgage - another one that doesnt get it
so i have a good realtor friend that just called me to discuss some frustration he has experienced with saxon mortgage. he has been jumping through hoops trying to get a short sale done on a property for about 7 mont...
Red Peterson
Yay or Nay (purchasing a 4unit rental)
4 - 1BR property up for sale. Very old bldng and dated. Seen this property on and off market since 2015. Tenants are long term been there 4yrs and up (and get along), and one is less than a yr. If I do 15yr mortgage, ...
Robert Leitner
Fair cost for appraisal
Hi all, I was buying an investment property in Phoenix, which I backed out of today after learning of HOA restrictions. I contacted my broker and asked him to hold the appraisal, unfortunately found out today that I m...