Todd David Crouch
Self Employed or W2??
12 January 2025 | 4 replies
If you have a 2 year work history, and go get a W2 job tomorrow, we could use your base pay right away (as long as it is "guaranteed hours" or considered "full time".
Sam Brock
Best Way to Pull Money From These Properties
26 December 2024 | 2 replies
Keep in mind that you will probably be required to sign a personal guarantee of the loans.
Felisha Derrick
Beginner situation/Hubris/What would you do?
6 January 2025 | 9 replies
Focus on finding a replacement with strong tenant screening processes and performance guarantees.
Rafael Ro
Safe and stable investment: Do I buy rental properties or keep money in a HYSA?
11 January 2025 | 67 replies
4) Keep my money in a guaranteed savings account making 4.5%, until rates drop more or something changes, and the numbers are better to make a move?
Makani Donaldson
STR in Hawaii
8 January 2025 | 10 replies
I had a STR in another market get shut down by zoning, so I put construction workers in there on a 30+day stay over the summer and now have a MTR tenant to keep the lights on through May after which I'll sell since I have no guarantee on having another 30+day contract next summer.
Jeffrey Hill
Trying to figure out how to buy a home from a friend with assumable VA loan
13 January 2025 | 5 replies
One said the 2nd mortgage has to be assumable and the other said it did not.VA issued Circular #262417 back in August to try and clear up the issue:Assumability: If the secondary borrowing is not assumable, the holder of the VA guaranteed loan should counsel the assumer that this may restrict their ability to sell the property to another creditworthy assumer through an assumption in the future.The lender currently servicing the loan still can decide whether or not they'll allow the 2nd.You could do seller financing for the gap and then refinance just that amount with a Home Equity Loan or Line of Credit at some point down the road.
Jared Fisher
Cleveland Property Manager Recommendations
11 January 2025 | 9 replies
It's no guarantee but it's a good place to start.
Anthony Sigala
Is the 1% rule dead in Arizona?
19 January 2025 | 29 replies
I guarantee virtually no one is meeting that rule in SD because they're all on here looking to buy in Cleveland or Detroit because in that market price to rent ratios are so askew that buying at a 50% discount probably doesn't get you the 1% rule.
Huggy Ford
La Jolla Condo with a land lease with SDSU hasn't sold. Pivot to corp/student rental
30 December 2024 | 16 replies
Is there a guaranteed land lease renewal at a guaranteed price?
Vinny Muli
Tapping into equity on my property that is under an LLC
3 January 2025 | 19 replies
You are still personally guaranteeing the loan.And you did the right thing by putting the assets into an entity, especially if there is equity.