Curious what types of bank accounts you all use to hold your rental income and security deposits.Some context: I'm new here and am modeling out potential deals using IRR as one of my main signals. However, IRR assumes...
I am working up some details for a deal presentation to a UK investor (US property, UK investor). A spreadsheet showing projected numbers plus a 'Powerpoint like' presentation.
Then I got to wondering and figured it ...
Simple thought; likely a simple answer.I'm in Alaska, and there are a good amount of mobile homes / modular homes/ trailer houses on land. These are almost always owner financed or cash-only, because they aren't "real...
Anybody know of a bank that will do a 1st postion HELOC on a rental property that is a manufactured home in Florida?
I acquired the property subject-to, and the existing mortgage is with Ameris Bank, and they would d...
Hello,We are hoping to start doing business with Ohio Cash flow, but we cannot find a local lender. We did find one bank to call us back, but their terms of 5% 12 years fixed dont work for us. Who do you guys use?
I recently had an offer accepted on a residential house for my family and I and as a first-time home buyer, I had a question regarding the mortgage process. We put in offers on a lot of houses, in which case our mort...
In the process of looking /buying a property.Wanting some input on the idea of buying said rental and living in it for a short time only to rent it afterwards .I don’t have 20% for a down payment Thoughts ?
Hello All.I own a 3-family residential house in Medford, MA that has a Commercial Unit attached. The Commercial unit is currently being rented out as a Convenience Store. The mortgage on the property is paid off and...
Hello,I'm looking for someone experienced with negotiating short sales. I have a ton of questions, and I'd like to learn more about the negotiation process. I'm looking up articles online, reading what I can, but I'd ...
Security Deposit Trust Fund Accounts There is a lot of debate about whether or not a Security Deposit should be put into a separate bank account.Some States require you to deposit a Security Deposit into a Trust Fund ...