Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
Newbie question here: I'm looking to buy a Class A triplex or quad within 10 minutes of my house and doing property management and maintenance myself. I live close to a large university. Of the 20 recently-sold small ...
Like many other real estate investor, I seek to buy and hold real estate, and enjoy the cash flow and any possible appreciation. However, since my target properties are lower end properties that often requires rehab...
Hi Everyone anybody ever heard of Independent Housing Solutions. I have a property listed for rent and this company called telling me they wanted to put a family in my property that has lost their home in a fire. They...
I’ve read that sometimes LPs are the ones to guarantee or split the guarantee at least 50/50 with GP. How often does that actually happen? I’d think LP would be very reluctant to do so, and want larger share of profit...
I have an applicant for a property in Anchorage, Alaska that is wanting to sign a lease for a family member that is an illegal immigrant. The individual wanting to sign the lease is unable to provide a completed appli...
Is anybody offering guarantees to potential sellers to make them stand out from the competition? To be different from the crowd. To put you over the top so they do business with you.
Has anyone borrowed from anothe...
Hey folks,
I'm a landlord with four properties, and have had bad experiences with property managers. I'm thinking of starting a property management company with "skin in the game". My idea is to sign multi-year lease...
Hello,
I recently received news from my property management (PM) company that they have initiated an eviction process against my tenant due to non-payment of rent, despite several attempts to resolve the issue. While...
7% Bridge LoanDid anyone of you done a bridge loan recently for a small apartment? 7% interest with 2% origination fee for $900,00 cost reasonable? The apartment is currently 70% full. The purchase price is $810k and ...