9 January 2020 | 9 replies
The bank agreed to stop foreclosure and the existing mortgage is still in place.
15 January 2020 | 6 replies
You know the rule exists and prohibits you from renting.
10 January 2020 | 2 replies
So a business account is not necessary.But with that said, yes it’s still best practice to keep all your investment finances separate from your personal day-to-day funds from W-2 jobs, etc, and makes your accounting life easier.It sounds like your existing checking, savings, and LOC accounts that you mention would work fine.
11 January 2020 | 5 replies
In either case, you should verify that you are eligible to transfer the funds from your existing retirement account (e.g. if the funds are in your current employer 401k, you will likely not be able to transfer until you quit your job).Considerations in Setting up a Solo 401k to invest in real estate:1.
28 January 2021 | 13 replies
You can still pump and service your existing cesspool up until 2050, which is currently the year by which all existing cesspools are subject to a mandatory septic upgrade requirement.
9 January 2020 | 0 replies
Is it a worthy look that will stand the test of time or something that fades and looks cheap after a couple of years... the price is not that much cheaper than removing the existing tile and putting in new tile so I just want the best possible look.
13 January 2020 | 4 replies
The numbers don't work - I don't have enough equity in my existing rental portfolio to cover the purchase price of the new property.
14 January 2020 | 12 replies
Instead of spending hours, days, weeks, and months trying to find the "perfect market" (which doesn't exist), use that time to vet, meet, and call operators.
10 January 2020 | 6 replies
The home uses 2 natural gas heaters (dyna-glo 3000 BTu), house was built in 1950 (older homes used these gas heaters as a heat source in the area) and is in the upperclass area where newer homes have been built and continue to be built ( which newer homes have central heat) , I just had the appraisal come back to the lender is saying that “” Appraisal stated The heaters aren’t normal for the area this is a comparable item The subject property doesn’t exist the area and/or comps used” so the underwriter won’t approve the refi , what do you guys think my next move should be?
10 January 2020 | 13 replies
If you are debt free and making $10,000 a month, that means you're making double what the average family makes in this country.Personally, I think you should take some of the equity from your existing homes and leverage that to buy a few more investments.