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24 June 2024 | 4 replies
When buying an apartment building, it's reasonable for the buyer to ask the seller for copies of leases and proof that the rent is coming in, and the lender will likely ask for that same paperwork too (since that's what's paying the mortgage, not the buyer's personal W2 income, ha).
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21 June 2024 | 8 replies
You'll find lots of folks willing to help!
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22 June 2024 | 4 replies
The thing is, she has until the 2nd of July to pay her back taxes, and if she is unable to pay by July 2nd, she will have to file for tax bankruptcy.
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21 June 2024 | 13 replies
If you go this route, you'll want to make sure you budget for furnishings.Some folks are venturing down to Pueblo if they want to go the LTR route, but in that case, you may not want to self-manage given the distance.Finally, while it's understandable that you don't want to be losing money every month, don't lose sight of the long term gains from appreciation.
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24 June 2024 | 14 replies
They will supposedly first pay you back your initial earnest money with interest within four weeks of signing their NEW RELEASE AGREEMENTS as a show of good faith if you get in touch with their attorney (send me a private message so I can send you instructions to get in contact with their attorney), and then the remaining outstanding deposit with interest within two months after that.
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23 June 2024 | 1 reply
She'd have to invest some money to create this set-up. 3) Selling doesn't make a lot of sense, because in this market, she'd end up paying the same for a small place, condo, with less flexibility.
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23 June 2024 | 2 replies
You can do a ‘cash out’ refinance on the rental home as a permanent fixed 20-25-30 year loan to pay off the Heloc on the primary and most likely the equity line on the primary permits a ‘re-draw’ to utilize again.
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23 June 2024 | 7 replies
They would work enough to pay rent but attend school enough to graduate.
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23 June 2024 | 6 replies
Is there such a thing as a service that you can pay an experienced real estate investor to find properties for you?
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21 June 2024 | 6 replies
There are a ton of knowledgeable folks on here as well as an abundance of information.