Anirudh Reddy
Who can claim interest paid on a seller finance property?
28 January 2025 | 15 replies
(There're a few exceptions when it comes to dependents, but it's irrelevant here.)Say, I sold my property to Don using Subject-To.
Ray Tsang
Personal Experience with Rent to Retirement
20 January 2025 | 1 reply
Though I did choose to continue with the suggested property management company of the area, I was able to find different lenders that suited my needs better.Overall the process was very easy, much easier than I thought it would be.
Taylor McClure
I’ve heard of buying pre-foreclosures, anyone have experience?
15 January 2025 | 8 replies
Hi, pre foreclosure in all of its permutations, before the bank sends Notice of Default (NOD) or efter which is state even county dependant but often starts a 4 week clock till the trustee auction are the 2nd most difficult deal scenario and IMHO only experienced investors should bother, the 1st most difficult deal scenario are bidding at the court house steps on lord only knows what is being auctioned off sometimes even 2nd mortgages, you need to do so much home work to attempt to reduce your risk at the court house steps...Pre foreclosure no one talks about these issues, always about the nice sounding stuff like "motivated seller" get a good deal etc etc both are usually not the case.- 95% of folks in pre or post NOD want to stay in their house, keep their house inspite of them 100% will loose the house at the auction.
Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
Yearly bank fees for each, aka choose your bank wisely.
Praveen Kumar
Rent to retirement
27 January 2025 | 6 replies
Also we are scheduling some consultation with lenders. what are the questions to ask the lender and also how to choose a good lender for investment properties moving forward ?
Michael Addison
DSCR or QM loan?
31 January 2025 | 4 replies
Determine your comfort level with the potential risks associated with cash flow fluctuations, especially if you choose a DSCR loan.Consider your personal credit situation and whether qualifying for a QM loan is straightforward due to your financial profile.Think about how long you plan on holding the property.
Jonathan Baptiste
How to stock your airbnb best practices
18 January 2025 | 16 replies
We'll still provide extra but just not quite as much.Beyond check lists, getting stocks replenished correctly and consistently is really dependent on the cleaners and quality review.
Kathy Creighton-Smith
LoanBidz lending reviews
23 January 2025 | 15 replies
That shouldn't necessarily be a differentiator when choosing a lender, as evidenced by the boom of the DSCR lending industry....non of which are FDIC insured.
Tony Schmucker
New Investor Seeking Advice on Relocating and House Hacking
30 January 2025 | 26 replies
Quote from @Anil Shah: It's unfortunate Raleigh-Durham didn't make your cut of 13 cities but Charlotte is definitely the city to choose in NC if your want the city feel.
Jane S.
Has anyone heard of a company called NOMAD
13 January 2025 | 8 replies
They offer a $10K repair fund to fix damages in addition to SD plus warranty for appliance repair etc.I have no say in whom they choose to move in, whether there are animals, limit on # of occupants etc. they reserve right to inspect property so i have no idea if they can tell me to remodel, paint etc.does this make sense i have a vacancy coming up in October (bad rental timing).