Jordan B.
Billing Tenants for Rent or let them send it in on their own?
Hello BP!Can anyone explain to me their process of getting rent from their tenants? Do you mail a bill to each one of your tenants with the balance due for the next month's rent (including any late charges etc.) Or do...
Luis C Ceniceros
Cash out Re-Finance or HELOC
Hi Everyone ,I'm looking for some advice on making the best decision overall. My primary residence right now is worth $170k on a 50k loan. Im in the process of closing on an equity line of credit for $90k , which im ...
Mahsa Nicknam
Issues about filling loss in tax
I've recently heard that if an investor files loss in his investment property in filling his tax, it will effect his next mortgage by impacting on debt/income ratio. For example: If you earn $10000 from your rental pr...
Fili Aguirre
is the 'deposit' the application fee? (photo)
you see it says the deposit is refundable, is it talking about the application fee? or?
Sam Y.
eligibility requirement- change rental to owner occupy to sell
I have a condo that I want to sell. Owned more than 5 years, never owner occupied. I want to claim the condo as my primary residence and keep current residence as a second/vacation home.
Reading publication 523- ...
Michael Cosgrove
Another sell vs rent question
My wife and I recently bought and moved into a new home. While ideally we would have sold our old home first, that really wasn't in the cards for us. We have currently listed our house at $125,000, which is probably j...
Account Closed
Purchase and sale agreement form
Hello,
I am new, well I have bought several properties over the years but am about to launch into pre foreclosures with the hope of eventually being a full time investor o single family houses, to wholesale at first a...
Carlos Aquino
I am still learning and Trying to wholesale first deal.
When i am looking to wholesale a property, do i look for off market property? I am based in Rhode Island and when i search on zillow i see a lot of property FSBO that does not really need work. Can i still make deals ...
Devan Miranda
I was nothing 2 years ago, now everyone wants to partner with me
Somebody just told me that it was impossible to flip houses without a bank or investor backing you. Let me set this straight. I was born and raised in a small town in the middle of Iowa. Every since my early teen year...
Paul M.
mortgage companies offering payoff at discount
I remember hearing stories from my finance professors about how when interest rates were high in 70s the banks would offer mortgage borrowers a chance to payoff their loan at a discount to the principal balance. Pre...