Evan Holly
Lender needs a long term lease for refinance - can I lease to my LLC? Other ideas?
I have a few successful strs in Georgia. I am looking to refinance a couple of them, however my lender requires 2 years of income shown, and I don't have that for these particular houses. They will, however, accept ...
Mike T.
Advise on buying apartment complex, please
I'm looking at buying a cluster of apartment buildings. I'm new to this (apartment complex). I have owned and rented out a few single family homes and CURRENTLY doing it. I wanted to get into multi family units no...
Christine Ong
Structural Issues
Help! My offer was accepted! Going in I knew this particular property had structural issues. And I had inspected the property with my contractor. He had quoted me with the more expensive method of repair and we took t...
Jordan Malara
Duplex Furnace Dilemma
Hi all, I'm a new real estate investor out of Colorado Springs and I just acquired a duplex a few months back. The property was a SFH that was legally converted into a duplex some time ago and we knew when we bought t...
Dale Williams
Foreclosure under contract with a bank that does not own it
I am seeking advice and wondering if anyone else has been in this situation. I put the funds together to buy my first fixer upper investment property. After eight months of searching i found it and have it under cont...
Ramon Jenkins
Would the new Time of Sale Requirement ( TOS ) law delay closing or create more seller finance opportunities in Milwaukee?
Per Wisconsin Realtors Association~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~“ On July 12, 2015 state budget into law (2015 Wis. Act 55). One provision of great importance to the real estate industry i...
Account Closed
Broker won't present letter of intent
So maybe biggerpockets can help me with this. I have a 70 unit building my partners and I have been running numbers on. We came to a few terms on our end and wanted to start a negotiating process but the broker said h...
Michelle Watt
investment property debt - cause issues for getting a home loan?
Hi All,Apologies if this topic has been discussed before, but I can't seem to find such threads when I do a search. I am a newbie investor looking at buying my first multi-family properties (meeting with lenders, brok...
Brad Crumpton
Lender pulling a stunt at the last minute
A week away from closing on our first rental house. $79,500 purchase price, 15% down, $67575 loan, and lender is charging an origination fee of $1400 for 30 years fixed at 5% - wife and I are both around 800 credit s...
Allen Collier
SFH that will require total gutting
I have owned my first property for a year now. It was mostly a cosmetic job, so I haven't gotten into to too much rehab work. So I wanted to reach out to you all for input on this possible project.I was contacted this...