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We bought a 3 unit property at auction using private money in March. We made some repairs to the units and approached a few banks about refinancing. We were told we needed a 6 month to 1 year seasoning period, dependi...
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Hello everyone! So here's the deal. Me and my girlfriend are currently living in a house that her mother owns but apparently it's in pre-foreclosure. I would like to somehow buy this house and possibly rent it ou...
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What is the best way to calculate a good deal, on buy a home for short term rentals. I am currently interested in buying some property. That I want to use for short term rentals. I just seem to be lost on how to calcu...
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I put a bid in on a house in mid-December and the bank finally asked for a BPO in Mid-February and I think a loss mitigation analyst has been assigned to this file in late Feb.
Today I was given a contract addendum f...
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Hi,I'm writing this from Houston, TX. Due to impact of HARVEY in Texas, my mortgage bank is offering "Forbearance Plan" for 3 months. Were I don't have to make any payments for 3 months. It will show my loan account a...
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Hi! I am considering a STR in Hammond, LA. I was wondering if anyone can help me out with STR regulations in that state? I live in New York.
The property is owned by me and my ex-husband. He had taken it over af...
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Hey there! I'm an investor based out of Seattle, WA. I bought my first rental property couple years ago that I run as a STR using the corporate rental model. My primary goal with that investment was to diversify my po...
My wife and I just rented out our home and we are loving the process. We are eager to buy another property soon but we do not have money to put down, the home has equity on it and looking to possibly get a HELOC. Any ...
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Not sure I'll have any luck here, but figured I'd throw it out....I've just moved from Australia back to Connecticut, and am in need of a short term rental (for a couple of months I'm hoping ), while I look for work, ...
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Hi All! I recently got under contract with a triplex and the seller accepted my offer to finance the 25% down payment. Thus 75% will come from the bank and 25% will come from the seller. The plan is to BRRRR this prop...