Armand P.
Mortgage Loan Scenario and Innovative strategies for HELOC use
Hello,I have two separate scenarios regarding lending so I will break it down.First, I own a primary residence in (bay area) peninsula that my mother currently lives in and I recently took out a HELOC. I live with my ...
George Gipson III
Credit score 580
I am looking for a rental property to invest in and i did my research and found a foreclosure. Well after looking at all the numbers it seem like a good deal for a beginner. However i needed to get approved for a loan...
Irene G.
Laundry Equipment
What is considered a good monthly commission on gross monthly collections from the company providing equipment for my laundry rooms? They are putting in four brand new frontload washers and dryers. I am signing a fiv...
Account Closed
Looking at commercial building in Maine - need input
Hello all,First (and long) post. This is a general shout-out to the more seasoned investors out there, from Maine in particular. I’m looking at the numbers on a 2-story commercial building in my town (Dover-Foxcroft,...
Ken Latchers
Vacation rental - the second best way to use a property?
I am of the opinion the trying to do vacation rentals is no longer the best way to monetize a property. I am running an experiment with two buildings. Airbnb and it's growth has strongly cause of decline in the bed an...
Jesse Birdwell
Selling a rental. Tax help anyone?
Hello. Just looking for a little advice. IVe got a SFH I bought in college about 8 years ago. I purchased for $70k. After moving away I continued to rent it out and still do to this day but have recently decided to se...
Edith TenBroek
Is paying down a mortgage the best choice?
So DH and I are looking at some long term investments. We hope to start buying property in five years or so. We will be 50. First we need to pay off some debts and save some money. DH has a full time job he lov...
Steven Barr
How to pay your contractors
How do y’all pay your contractors for bigger jobs? Say $50-100k rehab jobs Do you pay 50% upfront and rest at completion? 30% upfront? Nothing up front and draws throughout the project? Buy materials yourself and pay ...
Fred Stevenson
to leverage or not to leverage
My home is paid off, and I'm taking 80% out of my house in a 30 year refinance loan. My plan was to purchase three - five SFR's for cash using 20% of my own cash and 80% from the refinance loan for each purchase. Tha...
Inahya Browne
Investor Wants My Help
Good morning all!
I recently had an investor contact me and asked if I can work with him, he found my business card on a home (I'm a real estate agent in the Brooklyn area)
I think it's a great opportunity and I de...