Hi, so I own a property outright but I've only owed it for 7 months(I'm flipping and renting it out). Do I still have to wait to refinance or is there another option I can take to get money out?
Do I pay any commission as a buyer? I am currently working with an agent, he is charging me $3,500 less commission paid by sellers. If I buy a property at $40K selling price, I'll end up paying him almost $2,500 commi...
Is there a better instrument/rate to be had than getting a HELOC for my paid off house? I am seeing most HELOCs around 4.5 to 6% + fees.
I'm studying for my license and ran into this paragraph on the study materials
"The landlord must return security deposits within 45 days of lease termination; on security deposits of $50 or more, the landlord must a...
Question: Is it wise to pay cash for a home and re-finance it to get cash to buy more properties? What are some downfalls to this approach?
Example: I pay 30k for a home.... refinance for 60k... to buy 2 more 30k hom...
FYI: I'm still out hunting for a good CPA, but I wanted to know something. A portion of my down payment for my MF rental came from private money. Can I deduct the cost of interest that I am paying towards that priva...
When putting an earnest money amount on contract, does the cash buyer write a check to you or to the title company and how soon can you get it?
In my area, water providers are allowed to place liens on the property if the bill is unpaid. I've had tenants skip out owing water bills. So, on the most troublesome property I've kept the bill in my name and requi...
Hello,First of all thanks for the taking the time to read my question.Here it is: I have a rental unit (2b2b) in Hayward (CA) worth ~$250K which got paid off due to an HELOC repayment on my primary house when I sold ...
Hey guys,I just paid off my rental that is located in AZ.Should I get a deed from the bank?Should I call the assessors office to make sure the lien is satisfied?What steps should I take to make sure there is no mistake?