We are starting to receive some requests for either a reduction in rent or enabling people to pay a portion and pay the balance when they can. I wanted to get a sense about how others are responding to these requests...
First let me start with, I'm a residential investor and have only done a few small commercial deals as an agent. I'm considering developing some condos. I've talked to a few commercial lenders and gotten a few differe...
Hi there, currently looking into the DSCR (cashout refi) loan products, and I am trying to lean into a lender with the lowest possible rate/cost above all else. Here are some details: LTV approximately 70-75%, 740+ cr...
Buying my first 3 family. I was wondering a few things 1) what you have done in the past to walk the line of renovating rental units to get a bit more rent/appeal to a better tenant while also watching the budget. - W...
I sold/financed a home in 2011. Buyers filed ch 13 in 2012 and I received payments through the bk trustee. Their plan ended in June 2017, when I stopped receiving payments, but the bk was was not finalized until Feb 2...
Situation: In 2022 I sold an 8 unit complex and did a 1031 into another 8 unit complex and I wasn't able to fully use my 1031 funds. I knew it wasn't ideal for this to happen but I was only willing to purchase a prope...
Hi guys-
In my transactions I have the buyers paying all the closing cost.
As you know, to arrive at the acquisition price we subtract the repairs and the assignment fees from 70% of the ARV.
But how...
Hello!I'm new to the real estate scene and was wondering how to handle potential tenants who want to book months in advance? What's a reasonable timeframe? Do I just ask for 1 month deposit? I currently have a SFH whe...
Hello,Our back up contract was unexpectedly accepted so the timing on everything shifted before we had everything lined up. Hence, we are about to close on a mortgage for an investment property and we are in the appli...
Hello,I am currently under contract on a 9 unit apartment building in Green Lake, WI that includes a single family home that is a rental in addition to an 8 unit apartment complex.The tenant in the single family home ...