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Hi all, I have this apartment on new jersey, where I rented to one girl only, recently she claim she lost her key and ask me and super for extra set of front door keys, also since I am the one who pays sewerage/water ...
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Any suggestions on how to calculate whether I should refi my primary? All my calculations on my investment properties, in terms of financing are pretty straight forward. I either buy, rehab and refi into the longest...
I have a property under contract and a bank lined up to give me up to 85% of the appraised value. I anticipate a good appraisal based on comps in the area, so i would be in a position where i could get back all the m...
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If your property manager charges a fee for late rent payments, do they keep it all? Should they split it with the owner?
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Hi All. I am investing in a 3 family house via an LLC, non owner occupied, so I will be taking out a Commercial Mortgage. I'm putting approx. 75% down and getting a 5-5.75% loan on a 10 year term amortized over 25 yea...
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Hey all!
On the two SFH's I own, I have the taxes and insurance wrapped into the monthly mortgage. I'm curious what common practices are and if there are any reasons why it would be more beneficial to pay taxes and ...
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I have seen a few "Gurus" talking about using a HELOC to pay large chunks of your mortgage and then use your HELOC as a checking account and put your paycheck into the HELOC to help with payment of the HELOC, or somet...
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Hello. I rent my main floor in my house to tenants. I live in Toronto, Ontario, Canada. My tenants have been good over the years. They've been at my house for almost 7 years. No issues. They've always paid the rent on...
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Hi all! I'm in process of closing on a 96k rental property and trying to decide btw 15 and 30 year mortgage. Below are numbers:Purchase price: 96,000Down payment: 20%Interest rate: 3.125% on 15 yr, 3.85 on 30 yrMont...
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Hey everyone, How long should a flip normally take? And what are some good exit strategies? Looking forward to hearing from you all!