All Forum Posts by: Clayton J.

Thanks, I will research that option. 

Hello,

I have a single family home in LA and I want to add a back ADU. I can most likely qualify for $70-80K but from my research I could really use around $150k. Do I have any other options than using a HELOC? 40-43% max debt to income? Can I get a loan that would count my extra $1500-1700 projected rental income? I already have 5+ years of rental income on my tax return from my house in MD.

Also no way to count future equity? My house is worth around $600k and I owe $380 currently. That only gives me $100k if you count 80% equity as most banks seem to max out on. 

Thanks for any ideas. 

Clayton 

Thanks Lee, I just switched to them about a month ago and they already found a tenant! All is looking better but only time will tell. 

Hello,

This is my first official post after my introduction so here I go...

I currently have a house in Salisbury Maryland that I rent out and have been for maybe 5 years. I use a company based in Salisbury Maryland but have issues with a major lack of response from the owners. The person I deal with helps out but I feel they are too busy and miss a lot of my little details that drive me crazy. Question is what company do you use or know about and would recommend? Current lease is up for my tenants in Dec '14.

Thanks and hope we have some active Salisbury investors on here!

-Clayton