Hey Guys -So I'm fairly new to REI and have been working towards getting my first MFH in Brooklyn (Prospect Heights/Crown Heights/ Bed Stuy areas). Wife and I want to occupy one of the 2-3 units of a townhouse/brownst...
I went to look at a house this weekend. The house was supposed to be vacant, but there were people living there. The daughter said her mother bought the house from an investor. She said he paid the back taxes therefor...
I have a tenant who is asking permission to run a small E-Bay business out of the second bedroom of one of my units. He said absolutely no foot traffic only e-commerce. I personally don't have an issue with this but...
This is just a random idea I had the other day but in theory, would it be possible to use the BRRR method to buy multi-family properties with privately raised investor capital and then pay them back directly after the...
Hi, Having invested in Plano, TX between 2011 to 2013, I am not able to convince myself to buy there at current asking prices. However the region has potential and therefore now looking around, Carrollton, Farmer' ...
I am refinancing my house and the close of escrow date is set for Monday the 18th. Was originally supposed to be the 14th so I didn't pay my mortgage payment because of the 15 day grace period. Now that it's closing o...
We have a vacant lot in North Port, FL and are looking to sell. Have heard there are two options, Quit Claim Deed or clear the title and complete a traditional sale via contract. Looking for advice as to the pros an...
I'm closing on a property next week. There is a tenant in place. Do I need to get an estoppel letter? Does the seller furnish the letter? I have already received a copy of the lease. There is a discrepancy with the se...
We converted our primary residence to a rental in 2015 and purchased our second home which is our current primary residence. a) Are there any specific tasks that i should do like inform our first property bank or upda...
I'm curious to know if appraisers tend to appraise properties differently depending on whether it's for a purchase mortgage or for refinancing an existing debt. I would think the appraised value should not differ, but...