Jane Marshal
Partnership with mortgage on one person only
Hello, Initial strategy was different, but due to change in market struck with current scenario. Two person equally shared down payment, but mortgage is on one person at 3% interest rate. Affects the DTI little bit. A...
Laurence K.
2 Tenants on lease, one moved out.
2 tenants are just over halfway through a 12 month lease. The lease stipulates that each of them are responsible for the full rent amount.One tenant has just moved out and the remaining one is asking for the security ...
Lorenzo G.
Siblings on lease and one is leaving
Looking for some advice:
Currently renting m2m to a brother and sister - brother let me know that he will be moving out in about a month. They’re both on the lease.
Do I return the security deposit and have the sist...
Jay Hova
Losing 2K a month on one house
I helped my parents buy a house few years ago. Everything was going well until my father took ill. Now they can no longer afford the house. I have been paying the mortgage, however for the last 15 months I have been l...
Ashish Bhatnagar
Refinancing with only one name on title
BP Team, I have a non-investment question. When my wife and I purchased a home in Minneapolis 2-years ago the mortgage and title were only in my wife's name. Currently, we're in the middle of refinancing and we are ...
Jane Kim
two people on loan and one occupant?
Could both my cousin and I be on a FHA loan while only my cousin lives in the property? I currently already have a owner occupied VA mortgage. Will this effect this also? My cousin will be starting a new job about an...
Bill Thomas
2% Rule seems crazy on this one...
Here's what I read on the 2% rule....."The 2% rule says that for a rental property investment to be “good”, the monthly rent should be equal to or higher than 2% of the purchase price."so....If I bought a multifamily ...
Leslie A.
Full Time on One Year Investing Anniversary!
I'm proud and thrilled to tell the forum that I met my goal. July 11th was the big day!
Justin Pumpr
Thoughts on kitchen upgrade - Countertops (another one...)
Hey all,I know the countertops question has been asked quite a bit, but wanted to get some answers from people who have installed butcher block (Ikea specifically) in their rentals and how they have held up.My kitchen...
NA NA
Won a bid on e-bay. Liens?
Tried to do a title search but its a small city and not such info online.
Tsunami hit Cresent City and this lot is there.
Never purchased property from BK trustee and i am afraid after payment i can inherit some IRS a...