Investment Properties in Pima County : Advice

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Trevolyn Hai…, Real Estate Pro in Chino, CA
Trevolyn Haines (909)262-6221 answered:
What are the current rules/laws (local and national) regarding wrap-around mortgages?
Be careful. There are very few mortgages that do not have a 'due on sale' clause and that 'due on sale' clause can make it risky to do a wrap (as soon as the original mortgage lien hold ... more
0 votes Share Flag Mon Jun 1, 2015 Investment Properties in Tucson
Honor Guimond, Real Estate Pro in Ellijay, GA
Honor Guimond asked:
Is there a website for obtaining CC & rs which is available to the public? HOA wants a couple hundred dollars to provide condo docs to me for my Florida rental. Is there a way of getting them in a less expensive manner?
0 votes Share Flag Fri May 8, 2015 Investment Properties in 85730
Michael Lamo…, Real Estate Pro in 85743
Michael Lamonge answered:
Im planning to buy a mobile home with the land its for sale with and rent it,is this a good investment?
So in general investments in rental income property can be good, in fact very good. Mobile home parks do very well if they are managed correctly. I have many clients that like this prod ... more
0 votes Share Flag Tue Feb 3, 2015 Investment Properties in Tucson
Michael Lamo…, Real Estate Pro in 85743
Michael Lamonge answered:
does an investor have to keep a property a certain length of time before they can sell or flip?
No but if your exit includes an FHA loan obtained by the buyer then yes up to 90 days. I work with a lot of investors and there are easy ways to deal with the timelines. Different typ ... more
0 votes Share Flag Tue Feb 3, 2015 Investment Properties in Tucson
Ric Mills, Real Estate Pro in 85737
Ric Mills answered:
What is the impact of recent changes in mortgage rates on the Tucson market?
Now the rates have comer back down and the RE market will probably see an up-tick in buying and selling.
0 votes Share Flag Thu Oct 24, 2013 Investment Properties in Tucson
Doug Seemann, Real Estate Pro in 85704
Doug Seemann answered:
1/9/2013 What is average days on the market for a 3 bedroom home (ave. $150,000 sales price) in Tucson AZ now?
Hello Dana,
Average days on market is misleading. It averages well priced homes, distressed properties and overpriced properties. If you look at mls on any given day, you will find mo ... more
0 votes Share Flag Wed Jan 9, 2013 Investment Properties in Tucson
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