This is also something you can discuss with the S8 caseworker as anyone living at the property must be approved by S8.Get a good eviction attorney, not a jack-of-all-trades attorney to run all this by.

She has 708 credit score but $28,000 in debt.What is the difference between trade lines and lines of credit?

Hello guys,Recently acquired a 2 family.Tenant should be moving in soon.The process went over budget (more than expected).The result is I am carrying credit card debt.I have a plan to pay it down to zero that will work just fine (the avalanche method).I would like to speed up the process though and pay less interest in the process.My credit score has dipped as a result of the credit card debt (to around 624).So may not be eligible for a 0% balance transfer or personal loan.Ultimately I want to get my credit score back into the excellent range for when I refinance out of the FHA loan.Any hacks or tips that anybody could share would be greatly appreciated.Thank you in advance to anybody who has any advice to offer.No canvasing please.

This forum is mainly for BRRRR method techniques and questions.  

I would prefer also, to do the BRRRR method, to get my money back for property #2. 

Especially if you use the BRRRR method, you can pay back that HELOC after you finish the cash out refi

You could have two properties when just using standard methods available.Another reason to not BRRRR your own primary home is that I can find plenty of homes on the MLS that DO NOT fit the BRRRR method but fit my primary home requirements.  

For us, this method kept property in the LLC and simplified the 1065 filing.

Some states don’t recognize email as an acceptable method of delivery, so late rent notices should typically be delivered in person or sent via certified mail.

If two identical properties in two different locations produce the same NOI, but trades at a 6 Cap and the other at a 7 Cap cap, axiomatically the 7 Cap is more risky since the market has demand a higher return for that asset.