Can I secure a signed lease with the current occupant prior to closing? This will help to avoid a timing problem with leasing the home after closing because fewer people are looking. ...
Does anyone know if this is possible and/or a lender in Philadelphia, PA that would consider this scenario:A personal (not business) HELOC for a Non-Occupant, Co-Applicant (or, if possible, sole applicant), Co-Owner (...
Hi all - I bought a primary residence in 2021 and I am renting the basement as a private guest suite on airbnb. I spent a couple grand furnishing it and getting it ready and the first booking was in late December of 2...
My wife and I are thinking to take out cash advances from her credits cards, to gift over to my account for a down payment on an investment property. We're looking to get $15K-$20K out of it.We're looking for advice o...
Hi, I’m coming to SLU this fall for my master's and am landing on the 20th of July. I wanted to secure a place beforehand and I found a place on Facebook Marketplace. I signed the lease and paid 3 months' advance rent...
HI,I am a new landlord and am listing my first house for rental. There is an applicant who is self employed and wanted to pay me 1 year rental in advance to resolve my concerns about his income. Can I accept the prepa...
This could seem like a silly question, but I am going to ask it anyway to gain a better understanding of how a HELOC works. So….If a HELOC is a line of “credit”, what’s stopping me from using my personal credit lines ...
Hi, I have an investment property in the Orlando area and I am looking to get a HELOC on the property. The lender that gave me the primary mortgage says that he can't do it because it is an investment property and oth...
Hi, and thanks in advanced for your advice. We moved 4 years ago to a new home and kept our previous home as a rental. It has been rented out the past (4) years and has good equity. I would like to get cash out, but u...
I'm seeking advice on a challenging situation with one of my rental properties, a condominium that was damaged in a fire incident. The reconstruction project is taking longer than expected, and I'm facing ongoing fees...