Maria M.
Inherited tenant wants to pay cash
Hello everyone,
I have two inherited tenants who want to pay cash. They could do so without problems in the past, because the previous owner employed a property manager. The rent is over $1000, so I think mailing a m...
Account Closed
Poor credit and refinancing
Can anyone recommend a lender for poor credit in Texas?
DTI will be solid, but the FICO is 615. Would love to avoid FHA.
Vipul Shah
Want to liquidate 0% credit cards
Hi
What is by far the best way to liquidate credit cards for ready to use cash in a bank account? I don't have convenient checks. I've heard about using PayPal, is that a good way?
What are some other ways that is f...
Kevin Scott
digitized itemized receipts
Does anyone have a good app suggestion for importing Lowes and HD, and other receipts into a spreadsheet? I have some receipts with furniture, cleaning supplies, other misc. items on there and I'd like to separate a...
Amit Rana
Escrow holdback vs Seller Credit
From a tax perspective is giving a buyer a credit (for repairs) same as putting amount in an escrow holdback? Would the escrow amount count as selling cost and hence my taxable gain? Or does it act more as repair/impr...
Terrance Lee
Business Line of Credit/Credit Cards for Real Estate Investing?
I've recently been exploring different options to fund my real estate investing. I opened a HELOC against a rental property last year, so that is one current source of funding I plan to use. I've also been hearing a...
Farrah Cosby
Roor text message balance transfer
Hello - I'm selling off my wholesaling business. I have a balance of $845 on my roor text/SMS platform and have been given authorization by the account manager to transfer that to another users account. Taking bids st...
Jason Morris
Real Estate: LLC options
Hey guys! I just closed on my first investment property a few days ago. Unfortunately for me the lender and the title company were not seeing eye to eye. I was unable to close the investment property in the LLC. I had...
Dustin Hughes
Upfront Mortgage Broker Commitment Fees legit?
Found a local mortgage broker encouraging me to sign a full service agreement with them that will charge a 1.5% fee for every deal and wants a $5k commitment fee upfront. This was explained to me it helps drop the com...
Randal McLeaird
Seasoning a Note: Reporting Seller Financed loan to buyers credit
I'm about to seller finance my first two deals and I want to know if/how I can report the the loan to the buyers credit. Is this possible?
The main reason I want to know this is because I want to season the notes for...