Martin T.
Property running over an easement
We are in contract to purchase a single family home in North Carolina. When it was built in the 80s, it was built on 2 lots which were combined into 1 parcel. However, during our land survey, it was discovered that ...
Dustin Blalock
Buying house with tenant
I am closing on a house with an existing tenant. The tenant is on a month to month lease and is wanting to stay. What steps do I need to take during closing and after?Should I get the tenants security deposit? Can I h...
David Lee
How to rent out private lot for a mobile home.
I could use a little bit of help from fellow BPers. I have a piece of property that someone wants to move there mobile home on to and rent the lot. I have never rented the land before. I was wondering if anyone cou...
Darsh Patel
Seller Financing Balloon Payment Payoff - How?
Hi Everyone, I need some help! I have closed on 2 properties both with seller financing for a 30 year mortgage at 7% interest. But the loan balloons in 2 years meaning that I would have to have the loan paid off in 2 ...
Edward Adams
My first Eviction story
Hi
I rented my SFH back in FEB and I received the rent for 2 months, my tenant didn’t pay this month rent and my property manager couldn’t get hold of him, my property manager start eviction process that figured out...
Sierra Westrick
Concerns with Tenant Occupied Purchase?
Putting a contract on a townhome with a current Tenant that wants to stay and I want to keep. What should I be concerned about? And what should I ask for from the Seller in the contract special stipulations?
Mehul Shah
RV Park Financing Options
Hey BP community. I just put a RV park under contract and was looking for referrals on lenders that work with that asset class. Thank you in advance
N/A N/A
Holding Notes
A mortgage broker offerd me a deal.
A gentleman needs special financing so I was asked to participate in this deal:
Property is valued at 800k the gentleman is willing to give me 60k in advance as well as pay the m...
Miguel Garcia
when buy a multifamily property with tenants can I get them out?
I'm planning to buy a multifamily property in Chicago, so I move in onto one unit and rent the other three to my family members, but property is already occupied with tenants . Can I get the tenants to move out even ...
Brittani Gardner
Joint Venture Arrangment for Flips
Any advice on this arrangement:My new partner is a house flipper. I am interested in providing some capital but not all. He has a relationship established with a local lender already. We have a couple deals that we'd ...