I am having to evict a tenant for the first time, and wanted to get some perspective / opinions. Tenant had an ongoing trend of late payments, etc., which I let slide for the first few months. October check bounced,...
Hey there,
Hope I can learn from all the experienced landlords here...
I just had my inspection completed, for an investment townhome I'm interested in Baltimore, MD.The house is ~120 years old, and besides the expe...
Hi all
My partner and I have a few properties under our belt at this point. Up to now we have been using hard money for the rehab phase, it costs a lot but it's a necessarily evil.
We have connections to some fol...
Hi BP!I recently purchased my first residential property, no financing. I purchased this as a rental property, and I am aiming to have it rent for $4000-$5000 a month. It should be ready in about a week for photos to ...
After months ... well, maybe a year, of lurking, I've submitted my "introduction" post and made a few other small contributions to some of the fora.
Now I've sat down to raise the questions responsible for my being h...
Was wondering if anyone can offer advice on structuring private money loans. I am new in REI and am currently seeking out my first deal. When that first deal finally does present itself, I want to be ready and move on...
Example: 400,000 purchase price 80% ltv 1st mtg.= $320,00015% ltv 2nd mtg.= $60,0005% down payment= $20,000Avoids Monthly PMI payment Very strong financing program for multiple reasons
I'm trying to retrain my brain on this kind of product compared to the traditional Principal and Interest. My thought is why wouldn't I do an all interest 10 year loan at 4.99%? Prepayment penalty is only the first ...
I spent a lot of time fixing up a rental, did all the work myself (with a friend), I considered the paint-job a work of art, apparently the tenant didn't think so, he not only primed the walls but also the trim now I'...
To clarify my situation, I am in my first year of landlording, househacking a duplex, so I live next door to tenant. Tenant hasn't even been here a full six months and has broken the lease I feel several ways, but Im ...