The property owner uses the money to pay off as much of the mortgage as possible. 

Hi, thanks for the responce.Does that mean the tenant has to setup DD from their bank account to mine.

Apartments in Connecticut have a 95.6% occupancy rate and stay on the market for just 37 days—making it one of the most competitive rental markets around!

So talk to the city to see what they'll need before you can sell the lots. 

Looking for someone with information about tiny home living and if it’s possible to create a “recreation vehicle” type of arrangement for tiny homes.

It does come down to the language in the lease.Good luckGino

I’m not sharing it to criticize the site owner, but rather to highlight how small mistakes can cost you money when advertising on Google.

Hey @Ujwal Kolli,When you do a cash-out refinance on one rental property to pay off the mortgage on another, the interest tracing rules generally allow the interest to be deductible if the loan proceeds are used for business purposes, like paying off another rental.

Creative FinancingFinancing can be a challenge in tough economies, but several creative strategies can make deals work: Seller Financing: Negotiate with the seller to finance part or all of the deal, reducing the need for traditional loans.

Hi BiggerPockets Family,I am looking to insure a triplex that I own in Philadelphia which is under my LLC.