Hello- We recently had a tenant want to sublease in one of our houses. There are three unrelated people on the lease and just one of the tenants wanted to sublease. He had someone apply who meet our criteria. Howe...
Hello,I have a paid for rental that I purchased for $80,000 cash in 2016. After purchase I transferred the Deed to my LLC. I only asked one lender (I believe it was USAA) last year about a HELOC on the property and th...
I have investment properties in Dallas area and I am currently working with Penfed to do HELOCs on these properties. After going through all the hoops the processor has rejected my HELOC applications because they insi...
Hello BP! I am trying to convert the 4th unit of my quadplex into 2 smaller units making my building into a 5 unit. Zoning told me since I am in a "suburban" classification the density only allows 6 units/acre and si...
SO!!my SFH rental likely has a solid $50K+ Available in equity...
( $100K+ value / 28K owed @ 2.75% / assume 80% LtV)
I cannot find a lender that will do a HELOC on an investment property.. I'd like a HELOC as a ...
I Just had my walk out basement finished. It now has a laundry closet, 3/4 bathroom, mechanical closet next to the sliding glass doors and space for a bedroom. The mechanical closet is attached to the room, can I stil...
Hi everyone,I have a client that I’m working with currently and they working with a town that has been absolutely absurd in the time it’s taking them to do anything. It took them six months to approve a variance simpl...
I'm just trying to think outside the box here. Please note I have virtually no knowledge regarding mobile home sales. From what I've read Dodd Frank has pretty much put an end to rent to own and lease to own options...
So I am looking to get into residential real estate or commercial real estate. The issue that I have is that I don’t have the money down to get started. I am a very hard worker and determined to get into the market....
Hey guys, Take everything with a grain of salt as the finalized regs were JUTS released today. Thoughts: 1. The IRS issued a safe harbor of 250 hours to offer some clarification. Meaning spend 250 hours on rentals(s) ...