Damon J.
HELOC for Investment Property
I have purchased a home in cash, renovated in cash and now would like to finance it.
Looks as though HELOC would be best option. Who do you use for investment properties?
Alternatively should I eat the initial fees ...
Josh Clemence
Contract and Tax Question
This is unfamiliar territory to me so thought I would as here. I am going to talk to my accountant next week, but thought I might be able to get some information ahead of time.
I am in the process of buying a hous...
PJ Kolnik
HUD Campaign to Boost Landlord acceptance of House Vouchers
Hi BP,I came across this interesting announcement on the HUD.gov site today. Looks like HUD might be looking to make Section 8 and Housing Vouchers less difficult to accept by initiating listening sessions across the ...
Adam Miyata
Newbie in Irving, TX
Hi all,
Just popping in to introduce myself! I'm interested in becoming a landlord long term by utilizing a buy & hold strategy with SFHs (initially).
I own one rental property already (out near Bos...
Eric Benzenhoefer
Help breaking down a Legal Description - Land Investing
Howdy,
I have a motivated seller with a piece of land and neither him nor the county knows where it is. I have the legal description, and so I was hoping for help understanding how to read a legal descriptio...
Maggie Shortridge
Renters Want to Pay 1 Year Rent Up Front
Hi. I have a home in a highly desirable residential neighborhood that I rent out. (I used to live there, but got married and moved into my husband's house.) My former tenants recently moved out and I relisted it t...
Nathaniel Donnelly
HELOC or Home Equity Loan a Good Idea?
Hello all!At the point where we'd like to get a 4th property. I have about @150k equity in my first house, and was thinking about taking out a HELOC or Home Equity Loan to put down on a new place (if the numbers prod...
Eric Pirozok
How important is equity build-up?
I have a rental property that produces $100 of positive cashflow. If I apply an extra $100 to my principal payment each month I will payoff the mortgage in 25 years instead of 30. What is more important? Paying off my...
Brett Malen
Renters keep leaving early
So I have 1 rental with only 2 renters, where the first lasted 11 mos. the second 2 mos. Both so far have been high quality, but effectively use my well maintained rental in an A neighborhood as a staging area to look...
Andrew Diamond
How to evaluate foreclosure properties
If you can't see the inside of a foreclosed property, how do you estimate the cost of rehab and ARV?Cheers,Andrew