Tina Lee
Getting involved on hoa of a small condo building
Hi all, I own 2 unit on a small condo of 20 units. Currently the President want to quit. Should I step up to help being a secretary or vice-president? Am I getting myself into any kind of trouble or should is let othe...
Jane S.
Tenant wants to have roommate and collect rent
Hi, A financially qualified tenant is quite interested in my rental. He admits he’s in transition. But he wants “company” and said he will get a roommate. So I asked him if the roommate will pay rent and he said “To m...
Joey Swearingen
Overcoming hesitation on heloc
I want to tap into my equity to get another rental, but I have a hesitation or fear of doing a heloc because I don't want another monthly obligation to worry about. I have an amazing rate on my mortgage of 2.85 so I ...
Manny Heard
Wholesaling; planning for the longterm
I'm new to real estate investing, and I'm jump starting the plan with developing my business; I found the name I wanted, and I'd like to know if its a better idea to register the company as an LLC or Corp? (S) Corp sp...
Tina Lee
Mortgage statement for prinary home can i request address change
Hi all, I took this loan out for my residential condo, now I am moving away and wanted to rent my residential to a tenant. But since mortgage was applied for my primary address. Can I request an address change? My bro...
Lexie De Stefano
BRRRR ARV for House Hack too high for DTI Ratio
BP Fam,I've run into an interesting dilemma with my primary residence BRRRR/househack: The new ARV will probably be too high for my single income to qualify for DTI ratio requirements for the mortgage post-cash out/re...
Hadiya Coppedge
Mid Term Rental Tenant Morals over business?
How do I tell my current tenant that she must move out after she expressed interest in staying?I operate a 3 bedroom 2.5 bath townhouse as a 3 door MTR with options to rent the entire unit. Atm, I have a tenant there ...
Abe Alam
Buying House Hack as Primary without Fraud
Hi Folks,I’m interested in buying a multi family as my next investment as a house hack, but then eventually moving back into my primary. My lender told me that having tenants Sign a contract before moving out of my pr...
Account Closed
Tax Question: 2 Partnership returns? Can you split a 1099?
Hey all,Myself and 2 other partners had a great 2015 starting our rental property business! We have 5 properties all purchased in 2015. 4 Condos- 3 purchased in all 3 of our personal names, 1 purchased in a LLC with ...
Aaron Junck
sub to financing
I am looking at doing a deal with someone and their personal financials are in terrible shape. Great deal since I can get a bargain on their house, however my question for all you " sub to" pros out there is this: ...