Hi All,
I have a tenant who is moving out about 2 months before her lease is up. She gave 60 days notice so I have plenty of time to find a new tenant.
My Q: Is there any paperwork that needs to be filled out whe...
I’m looking to purchase my second long term rental and I’m wanting to know if 20% down would be possible with an investment property as I’ve been told 25% is minimum.
Hypothetically speaking.....I obtain private funds to acquire a property and make repairs and improvements. Improvements are complete and a tenant is placed with 6 months of acquisition. I am obligated to pay my priva...
Hello! I am looking into getting my RE Broker license in North Carolina, where I currently reside. It is not reciprocal with Ohio, as far as I can see. But I did read that some states allow certain privileges for o...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $155,000
Line of credit used to make a cash offer. This duplex was rented when I closed on it and has been cash...
I am in contract on a short sale. Long story short: 2 liens on property. Seller has qualified for short sale with senior lien holder and been approved. 2nd lien holder is more confusing. There are two names on propert...
I am running into an issue getting a HELOC on my primary. Although I have $300k+ equity, $2M in business assets, absolutely 0 debt except for my current mortgage, and a credit score so clean you could eat off of it, t...
Hey there, I'm looking at buying another duplex in Orlando as an investment property and curious if anyone's got a good feel on where rates are right now for these? I know single family primary residences are in the m...
Hey BPers, I've recently setup my LLC in preparation for buying RE Investments and am in need of a good local bank. I've been using Ally for my personal accounts which has been fantastic for Saving, Checking, and Mobi...
Brief summary of my issue:
I currently own a house with my ex-wife in New York.
We have a %100 loan with Bank of America.
Ex was living in the house and payments were initially split.
Ex stopped paying, so at lawyers...