Situation: Business checking can not afford HVAC replacement. Ask: What are your suggestions in this type of situation? What did you do if you were in this type of situation? Background: I have a rental property in Wi...
Hello, I am in the middle is a cash-out refinance 80/20 LTV for a jumbo loan. My lender is asking for a letter describing the reasons for the cash-out refinance and what I plan to do with the money.
My plan is to i...
I took a contract job a month ago in Phoenix where I organized as a 1099 contractor for tax benefit. Now lenders won't give me a loan. I am in the same industry and could switch back to W2 for a big hit in income. I w...
I have a house in escrow that is an estate that is heading towards a foreclosure auction because there are multiple liens against the property including federal and state tax liens. The primary mortgage holder agreed ...
Hello BP! Recently I have been looking into the new Freddie Mac CHOICERenovation Loan. Its a newer loan that looks right up my alley for my future investment. Has anyone ever tried this? What are the differences betwe...
Hello all, I am a young real estate investor who is looking to buy their first property. I think (emphasis on think) I have found a deal for me but here is my situation: I am a recent college grad with no 2 year inco...
This is an inherited tenant. Their rent is under market by $125 or so. They had trouble at the beginning paying on time, but slowly improved and always ended up paying the late fee.This month they sent a check that bo...
I'm about to buy my 3rd investment SFH and all the homes I own including the one I live in have escrow accounts. Is there any advantage of not haveing an escorw and just paying your taxes and insurance at the end of...
if a client is selling his apartment building and is looking for an upleg, how can he play it safeIn this current situation of low apartment building inventory in Los Angeles,For examples what tactics can be used to m...
I would like to do some fix and flips and some buy and hold investing. Problem is, my credit isn't the best and I don't have a W-2 job. I do a few things here and there for extra income on top of my disability pay (do...