So we owned and lived in a house for 5 years. Last fall we bought a new one and turned the old one into a rental. The rental is worth 160000 and we owe 55000. While doing our taxes we realized that we won't ever surpa...

Hi all,I currently hold personal mortgages for properties that are deeded to a sole ownership LLC. Ideally I would have the mortgages held by the LLC, but as most of you know, that would be a commercial loan and would...

In June 2013, I purchased a 2 bd/2 bath condo (put 20% down) and rented a room out to a friend. At the end of January, my friend is moving out. I plan on continuing to live in the same location without replacing the r...

I'm trying to buy my first investment property in the Hampton Roads area in Virginia but the lending company I'm talking to will only give minimum loan of $50,000. I found a property with a lot of sweat equity in it a...

Hi!  We are moving up to North Idaho, and looking for a mortgage broker up there, preferably in Sandpoint area, or north of CDA.  We will be looking at various investment possibilities, first up is a 4-plex unit that'...

I was listening to an old BP podcast recently and heard what I thought was an interesting tip: get your personal mortgage at a local portfolio lender as a way to establish a relationship that can be leveraged for futu...

I'm looking to begin investing in properties with a friend because with our combined capital we believe we can afford to do so. I plan to apply for a personal mortgage and transfer that to our LLC once established. Th...

I'm currently looking at a few multi-family properties in my local area (~max $200k). I would like to find advice on financing the project.

I currently have two properties under personal mortgages and traditional fi...

I’m due to retire in 18 months. I have the opportunity to buy a fully rented unit with 4 three bedroom apartments in it which is fully rented to for a total of $9800 per month in rental income. The mortgage including ...

Hi All, Just a quick question. So I understand you can only have up to 10 personal mortgages in your own personal name. However, I was wondering if opening an LLC (sole owner) will allow me to gain even more conventio...