Short-term rentals have become a lucrative venture for many property owners, offering a flexible income stream. However, accessing traditional loans can be challenging, especially if personal credit history isn’t favo...
Thousands in Hawaii, and millions across the country are now unemployed and unable to make their mortgage payments. There are also those that own investment property where the tenant is in the same situation and can ...
Hi All,I have been doing research into whole life insurance. I finished a couple of books regarding the topic. I especially enjoyed R. Nelson Nash’s Becoming Your Own Banker. I am aiming for a policy where my cash val...
Fannie and Freddie are obviously doing a terrible job of assessing risk for borrowers with their mounds of prescribed paperwork. Apparently the Danes allow borrowers to access loans via the secondary market directly w...
Hi,As mentioned above, my dad's neighbor bought a place downtown and is looking to offload the property. I naturally raised my hand as interested but don't have the cash to buy it outright (this would be my first rent...
I am trying to put my first 4 unit property under contract and here is the deal:I went on zillow and found a property I liked. I called the listing agent and he said that his client did not want to give up the financ...
Hi,My name is Giovanni and I'm a 30-year-old single dad to a 6-year-old daughter. I currently have about $80k in tax-advantaged accounts (401k, Roth IRA, HSA) and as of last year I've maxed out those accounts. Addit...
I have a property that is worth 60k that I would like to finance through a local bank. Univest claims that the mortgage amount is too small for them. Can anyone recommend a bank that would be able to finance such a sm...
This is a multi part question. All thoughts are appreciated.Background:My wife and I would love to get into investing but right now with other financial obligations it makes it difficult. We are currently paying upwar...
Hello everyone, I’m looking forward to securing my first property this year and as a thought experiment I’ve been thinking of creative ways to finance properties, and I wanted a second opinion. What do you think of th...