I was looking to purchase a new investment home as a secondary investment property, I was told I would have to put 10% down being I'm in a fha with 6 months to go until I could claim it as my primary dwelling. There a...
Several times already, my realtor has called the seller or seller's realtor with our offer price instead of submitting an official offer. It seems like that could be good, in that you get an answer without having to d...
Hi BP,I'm a long-time 'browser' of the site who finally decided to take the plunge into Pro membership to fully utilize all this community offers! Looking forward to learning and networking with all you real estate ro...
I purchased a 4-unit building gut rehab in Chicago, with a 203k loan.The contract had an “as is” addendum.My contractor applied for building permits with the City of Chicago building department.They were advised that ...
If a tenant intentionally damages the property is the damage covered by the insurance company ? Cannot get a straight answer from the insurance company.
How do you think Amazons announcement of putting 2 billion dollars in the housing markets in Virgina, Washington, and Tennessee will affect local investors.
Obviously no one can compete with the empire of amazon so h...
BP-
I️ am opening another HELOC on a property this week and was wondering if the loan brokers out there can help me understand exactly how this is effectively counted “against” me in acquiring a new loan for the next ...
I was just talking to a CPA about setting up an LLC to hold my investment property. He cautioned me of this approach (although he thinks it makes sense from asset protection stand point) lenders may not give me mortg...
I'm going to consult an attorney, but any help from experienced Texas landlords would be MUCH appreciated. THE SCENARIO: I've got a tenant couple breaking up, not yet divorced or legally separated. Husband has been di...
http://reason.com/blog/2019/01/17/dc-mayor-says-ne...Looks like Washington, DC is trying to ban short-term rentals if the landlord doesn't occupy the building AND limiting rentals where the landlord does occupy to 90 ...