So we're trying to complete a cash-out refi on a rental we bought and rehabbed last year (BRRRR), and everything was going well until today. I got an email from the Broker, and the underwriter is asking for documenta...
Do you like loan paydown in a 15 year mortgage with less cashflow (no need to live off of properties' cashflow)?Or 30 year mortgage with lower payment and more cash flow for use for rehab/maintenance?In addition to ou...
Hello everyone! I am a real estate investor in California who started out researching single family homes and ended up investing in multifamily. I have been studying up on syndicating and really want to dig into the n...
I just went through an eviction with a very obstinate tenant. They were problems from day one. He could not get along with anyone. He fired the lawn and pool man (my agents). He fought with my realtor. He fought with ...
I recorded a "Deed of Trust with Assignment of Rents" yesterday at the Los Angeles recorders office and the recorder said $70, I said, wow, that seems like a lot for a 4 page document, how come it's so much, he sai...
In the last year, I have been avidly trying to buy a mobile home park, I have had 2 (out of the maybe 40 that Ive spoke with owners) that were making progress. One, the seller and I came to an agreement on price, and...
Hi Everyone, For a while now, I thought that property management company (PM) and site manager are the same. But after reading numerous posts and threads, I'm not so sure anymore. Please correct or clarify.I could h...
I'm new to wholesaling homes, especially rental properties. I'm trying to make a fair offer, but my experience so far is that landlords/investors see the value of the home and think it's worth more because they have a...
My tenant for the past few months will be leaving in 2 months and I already have his last month's rent but he is also trying to use the security deposit (which is equal to a months rent) as the 2nd the last month's re...
I have a large 5 bedroom property on the rental market. It's geared toward a larger family. However, as the proeprty is close to a major college, I have been approached by students looking to rent the property on a ro...