Patrick E.
Paying off mortgage?
I was wondering if anybody that buy and holds a house if they ever use the positive cash flow to pay off a house faster?? Is this a good startegy?
Lets say you pay it off faster then you get all the rent the tenants...
Norman Perkins
Hard Money Loans with down payment requirement?
I was recently searching for a hard money lender in Florida and came across a company that requires a 10% down payment. I have in the past dealt with hard money lenders and never heard of a down payment requirement...
Seth Mosley
ASSET PROTECTION PODCAST
Hey all..interested to hear some discussion surrounding the recent BP Podcast on Asset Protection (the "YOU WILL GET SUED" issue)So far I have 7 rental properties all multi unit having several units each, and they are...
Nicholas W.
Has an LLC ever protected you first hand?
So I know this a long running debate about whether a LLC is worth the trouble particularly due to the well known issues of getting conventional financing for one. Many people passionately encourage having every proper...
Adrian Cartis
Hello from Elmhurst, IL
Hello everyone, I'm an Illinois newbie in this business, and I'm not sure how to introduce myself; I have a full-time job (mech. designer) that pays my current mortgage, and I'm determined to join your club. No savin...
Alla Dvorkin
Landlords insurance! Can anyone recommend a reliable company?
Can someone provide any information on Landlord Insurance in Florida ? Thank you !
Bob Daniels
Downfalls of Subject-To deals?
I love the theory behind a subject to deal, however i'm curious how some of you guys handle the potential drawbacks of the deal.I'm not very worried about the due on sale clause, it seems that this happens so rarely t...
Blake Elder
Investing Timeline: When to switch to commercial
Good morning,My wife and I live in a 4-plex that we bought about 1 year ago. Our plan is to continue to purchase 4-plexes in the future. We bought the first one with an owner occupied FHA loan just in her name, and pl...
Emil Pinlac
Hiring a Contractor: Tips and Tricks?
Hello Community! I had a couple of quick questions I wanted the Forum's insight and input on, specifically when it comes to hiring contractors to do rehab/project work on your investment homes. 1) Can you (or should y...
Bryan H.
Buying from wholesaler
Looking to make my first offer to a wholesaler.
I have purchased off the MLS before and included contingencies for financing, inspections, title, etc. Are these expected & normal for wholesale deals too?
Here...