Hi, We own a 19 unit Townhouse property 0.6miles from Memphis University. The building is an REO, vacant and requires complete renovation (interior & exterior structural). We are investing $300k in equity and requ...

Hello folks! I have found a piece of property that has a Trustee's Deed in the chancery clerks office that has an "undivided interest" by 3 different parties. I chased court records concerning the property for a while...

Hubby and I are looking to put in an offer on an investment property (asking is 460k). Our pre-approval letter shows that we qualify for a 4.4% rate at 30 years w/ 20% down. I thought it was going to be around 3.5% (b...

I am curious if this community knows if the interest on a HELOC loan can be deducted on my tax filings if I use it to purchase property m- or is it only tax deductible if I use the money for my primary residence? 

Hello, newbie question here: do you typically pay interest on the points you pay?I assume no if points are paid upfront and yes if points are rolled into loan. Correct?Thanks!

I am a landlord in Massachusetts and I need to hold my tenants security deposit in an escrow. I have found several banks willing to do this, so that is not a problem.My issue is that, I know that every year you are su...

I just acquired a 4 plex and I am wondering if I am able to terminate current leases and have tenants sign a new one with my terms? I was looking up the laws and it says there is no statute for that in my state. Does ...

Hi All,I am looking to fund some RE investments via private financing and had some general questions I was hoping the community could give me some feedback on.Obviously, the terms around a private loan could be struct...

So recently i have been contacting owners directly in one of my markets, Boise area (whole treasure valley), i have been targeting small multi family 5-24 units.  the thing about this market, like many others now is t...

I deal mostly with hard money/private lenders (not sure if that changes the answer):My first flip involved all of the money at closing, but for this one the lender is disbursing funds as I progress. They're telling me...