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Results (10,000+)
Hank Bank Starting My Real Estate Journey: How Can I Leverage a Paid-Off Townhome?
24 January 2025 | 11 replies
Nothing illegal about doing that, but if caught, the lender may call the loan due and if you don't correct the situation or pay the loan off, they willstart mortgage foreclosure.3) You could also go the HELOC route to tap the equity in the home, but the 12-month owner-occupancy will also apply AND the interest rate on the HELOC will fluctuate with the Fed Fund Rate.4) You could do a cashout refi as an investment property, but that will be at an interest rate 0.5-1% higher than owner-occupied rate.Suggest you meet with 2-3 lenders to explore your options about the above.Once you have access to funds, recommend you buy a 2-4 unit with 20-25% down. - You can buy owner-occupied, live in one unit, and fix up and rent the other unit(s).- If you're handy, recommend buying a property in the worst condition you can tolerate.
Michael Plaks EXPLAINED: How to find a CPA focused on real estate
9 January 2025 | 20 replies
These tax professionals opted to pay to be included in this directory.
Amanda Lindsay Is Rent Redi too good to be true?
19 January 2025 | 13 replies
If I recall correctly, Rent Redi even gives them the option to pay using a credit card. 
Cameron Marmon Did I mess up when establishing this LLC for my wife and I?
4 February 2025 | 13 replies
Yes, we will have a loss for 2024.Then it should be easy enough to have your attorney just change it and pay any required taxes/fees.
Kathy Creighton-Smith LoanBidz lending reviews
23 January 2025 | 15 replies
Please clarify, how many lenders we have "signed up" and how much they "pay" for "leads".
Michael Deering Buying Rentals in Japan
25 January 2025 | 15 replies
I'd also add to that that you are paying a 20% withholding tax on gross rental income. 
Sherylyn Holden New Short Term Rental Rules in San Antonio, TX
25 January 2025 | 15 replies
I'm being required to pay another application fee and then $600 application fee to hopefully get this approved by the Board to allow me to continue running the STR that they approved 6+ months ago. 
Kyle Kulhanek Retitling a property to an LLC - Chicago
23 January 2025 | 7 replies
Use a quitclaim or warranty deed to transfer the title, and be prepared to pay Chicago’s transfer tax, calculated at $7.50 per $1,000 of the property’s fair market value.
Sofiya Cherni Montgomery County, MD non-refundable pet fee change start date
28 January 2025 | 11 replies
The ONLY exception is that a landlord may charge two months' rent if the tenant qualifies for utility assistance, the lease requires the tenant to pay utilities directly to the landlord, and the tenant and landlord agree in writing.
Marcos Carbi Advice Needed: Long-Term Tenants Behind on Rent – How to Handle?
18 January 2025 | 8 replies
In return, they will be motivated to get a job and pay back every dime owed while lavishing you with praise.