John Ingallina
Advice on financing options
4 March 2024 | 7 replies
Here are some details:- HELOC on my primary, paid off residence (current rate 8.65% could be used to do an all cash offer.- I have a second home (condo) with no mortgage that I could also take a mortgage or HELOC against, but not for 6+ months as it was just purchased.- I could go traditional loan, using primary home HELOC as down payment, so effectively carrying two notes (down payment with higher HELOC rate, balance with current mortgage rate). - credit score is above 800.Any guidance on above options or ideas on other financing scenarios would be greatly appreciated.Thanks so much!
Jason Elkins
Real Estate Investor with a SC Real Estate license. Is it worth the hassle?
4 March 2024 | 3 replies
Residential agents and firms, in my experience, are shy /embarrassed/hesitant to submit low offers and I didn't want to have to constantly justify this to my broker in charge.
Spencer Elliott
Construction Loan without builder experience
5 March 2024 | 12 replies
What type of experience besides GUC to they have to offer?
Aaron Brown
Property Manager in Indianapolis
4 March 2024 | 31 replies
I am in the infancy stages of my due diligence and I definitely plan to do more background research before I start throwing out offers.
Josh Trup
Advice on Finance setup for first rental property Duplex
4 March 2024 | 4 replies
Setting up an LLC for your rental property offers valuable personal liability protection.
Aaron Landau
Paying taxes on rental income
4 March 2024 | 12 replies
Hey all,I will be extending an offer tonight for a multi-family home that I would be living in.
Amanda Gordon
Best places to find auctions on homes?
4 March 2024 | 2 replies
Local county records, zillow, trulia, any other big online site like that, hud homes, hubzu, spark offer.
John Dawson
Starting out as a Realtor and Investor in NWA
5 March 2024 | 12 replies
I'm new to REI so I don't have a ton of advice to offer but like @Billy Daniel said, there are a couple different groups that have local meetups.
Ademola Dawodu
Evicting a tenant from a multifamily unit that I intend to occupy
4 March 2024 | 5 replies
This process allows landlords who own multifamily properties with two to four units to evict a tenant if they plan to move into the unit themselves or if their immediate family members plan to move in.However, to use the owner-move-in eviction process in Los Angeles, you must follow specific legal requirements, including providing written notice to the tenant at least 60 days before the eviction date, and offering relocation assistance to eligible tenants.Moreover, there are restrictions on the grounds for evicting tenants in Los Angeles.
Emily Anderson
Air-DNA vs raw airbnb data in an Excel?
5 March 2024 | 9 replies
Emily, investors we work with are only interested in raw numbers especially if it's a Miami condo/hotel unit where each condo is completely different and offers different amenities, services, views etc.