I am trying to obtain a $100k HELOC on a $200k out-of-state investment property that I own free and clear to use as a down payment for a new home that I will live in. WF recently rejected my application. Some of th...
Hi, I have a triplex that I am considering selling in the next few years. Currently the triplex is all tenant occupied. I know that capital gains protection is $250k if your are single and $500k married and lived in t...
I’m interested in investing in tax deed sales here in FL and would like to know the risk? Is it possible to lose your money, or take on additional debt of previous owner such as, child support owed to the government?
Good evening BP NATIONWill any investor give you a loanIf you just filed bankrupt.I just partner up with someone I know for a long time and she filed bankrupt 6 months ago, and I think that's going to pish investor aw...
Does anyone have experience refinancing a rental property to cash out refi a cash flowing property, only to turn it into a non cash flowing property after increasing loan amount from cash out? property as follows:cur...
Hello everyone,What house should I use a HELOC on?House #1- Free and Clear appraised at 105kHouse #2- Appraised at 200K, owe 75KAm looking at a couple single family homes to invest, with the money from the HELOC. Whic...
When screening tenants, income is at least 3 times the rent (traditionally). Is that 3 times their Gross income or Net income? I assume Net, but being a rookie, I don't want to make any assumptions. Thanks!!
What if i try to refinance for profit and the ARV eceedes my dedt to income ratio?
Can you borrow equity from a home that's already paid off?
I am in the process of purchasing investment properties. The loan documents that I signed required that I sign an undisclosed debts document, providing that I agreed that I did not have any undisclosed debts and ...