Aaron Williams
Bought a house - the city won't let me use it for STR
I bought a house in a small college town with a severe lack of hotel capacity. I planned on using the house from time to time myself, then letting friends and family use it for free, and then renting it as an STR when...
Daniel M.
Seeking Advice on Using Retirement Funds for Real Estate Investment
I’m considering cashing out my 401(k) and IRA funds to invest in more real estate and would appreciate any advice or insights on whether this idea is viable.
Current Financial Situation:
Significant savings in 401(k...
Dean J.
Purchasing first property for rental income
Hello, I've been looking into purchasing a property in the USA, and am looking for some guidance. I feel like my situation is somewhat unique, but that said, I'm still learning about this industry so perhaps it's not ...
Mark Sandlin
Tenant wants to sublease during travel assignment
Current tenant wants to take on a travel nursing assignment in FL for ~3 months in December. He's been in for about 4 months on an 18mo lease. He is wanting to leave all his furniture in the house and is asking if som...
Chris King
Do you have experience using a private money lender for foreclosure auctions?
I am wanting to purchase properties to flip at foreclosure auctions in my area. I have spoken to PML that fund flips and they aren’t sure how to lend for auctions. The issue is funds are due immediately after winning ...
Stephen Chan
Rent out a 2-family home under my own name vs. creating an LLC (New York)
Hello everyone,
I'm a first time home-buyer, about to close on my property tomorrow! Some quick facts about my situation:
- The property is a 2-family house.
- I'm located in Long Island, New York
- I...
Darin Johnson
Excited about my new career in Real Estate Investment!
Hello, my name is Darin, I recently returned to my birth place of Akron, Ohio after spending 20 years in the Houston, TX area. I am very interested in real estate investing in Houston, as well as, Northeast Ohio. Even...
Jerry Kisasonak
Lender wants us to modify ownship interest. Should we?
We have an LLC in which I and my partner have 50/50 ownership. We are applying for a blanket loan which will refi 9 single family homes. My partner's credit has some dings on it and is fairly low. The lender is saying...
Ryan McCook
Using someone's credit for a conventioal loan
Ok, here's the scenario. I am married, and file my taxes jointly, but am the sole income earner. I have 9 rental properties all 30 year fixed conventional loans. My wife is not a signer on the loans, but on title of t...
Jay Garrison
Tenant wants brother to move in
Hi,
I have a 3/1 with good tenants in it a couple and their 3 kids. They've been there 5 months now, no problems. The guy came to talk with me today and said that a cousin got laid off and wants to stay for about 6 m...