Edward Shen
Looking for low rate HELOC with high LTV in first position
Hi Everyone,Does anyone have any banks/credit unions/lending institutions that will provide a high LTV (& more than $400k limit) on a SFR (primary residence) in first lien position with good rates in CA? I curren...
Christina Swaby
What are your "qualifications" for a tenant?
My husband I and purchased our first rental at the end of May. We are wrapping up the renovation and are putting it on the market in the next week. What guidelines/qualifications do you use when considering tenants? i...
Jeffrey Kingman
Q? | In-accurate details on recently issued homeowners insurance policy
What is best practice for correcting details on a recently issued homeowners insurance policy? The property was renovated a few years ago (we purchased in February 23) and the details are incorrect. List of issues:1. ...
Eamonn McElroy
SALT Limitation - Taxable Refunds
Hello BP Nation,Today the Treasury issued authoritative guidance via Revenue Ruling 2019-11 on the taxability of state and local tax refunds from which a deduction may have been limited due to the $10,000 state and lo...
Maria Silva
Conventional vs FHA - DC multi
What are the pros/cons to a 5% Conventional loan vs 3.5% FHA loan on 4-unit complex in DC? Also, just to note, it's a bit of a rehab property - probably 30k in renovations - but don't wish to do a 203k loan.Any helpfu...
Teresia Sayler
Back Door Roth & Roth in same year?
Can a person contribute to both a Roth and a non-deductible Traditional IRA (then convert to a Roth soon after funding) in the same year? I know the back door is a way to fund a Roth if your income limits are too hig...
Brigitte Garrett
ordinace and law coverage
I am reviewing our rental building insurance renewal and found an endorsement called Ordinance or Law Coverage. Do any of you know how to find out the ordinances or laws applicable in a particular locale in relation t...
Yuriy Skripnichenko
Philadelphia Emergency Rental Assistance Program
HI all, If you have tenants who fell behind on rent payments, City of Philadelphia just released an emergency assistance program that will accept application only between May 12 and May 16th. Let your tenants know. He...
Brandon Ingegneri
Illinois Tenant Screening
Hi Everyone. I am looking to do an preliminary criminal background check for out of state applicants from Illinois who are applying for an apartment here in the North East. We have several databases that allow acces...
Kenny Dahill
Tenant Placement for Owners
A few questions, what type of an agreement is used when an agent/manager are hired to fill a rental unit only?If you're hired to do so, does your broker have to allow property management? I have heard even placing a ...