I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...
Looks like most of the reviews or case studies on Roofstock are about the closing process. I suppose since the vast majority of investors who’ve purchased properties from Roofstock use the properties as buy-and-hold r...
Lease with the option to purchase - OhioHome sales price - $220,000Term - 42 months$2,500 a month - $1,300 going toward the optionBulk Payment Structure -Non refundable option payments :$25,000.00 - Payment at signing...
So I thought it would be cool to document my goal of buying 150 flip houses this and documenting my progress here for the BP community.
My reason for doing this is to help educate and encourage others, k...
If renting out rooms for varying lengths of time, but each is billed weekly, would this constitute a STR? (Does IRS care how long each individual stayed in the room or just that the agreement and payment was weekly?) ...
Supposedly they have introduced a bill (Not passed yet) to sheild unpaid federal workers from lenders and landlords. What a pain in the ass! This Gov't shutdown is going to affect way more people now. I don't know if ...
Stupid things Tenant Applicant’s say.
I had renovated a nice 4/3/2 and put it on the market for lease. Here are some of the comments from people who toured the property during the open house or called me from signa...
Hello , I wanted to find out if it is possible to buy a duplex for 20% down (rent out both sides) and then 1 year later refinance into an owner occupy conventional 5% (LTV 95%)(live in one side). Im in NJ and we have ...
Hey there guys!We forwarded 3700$ balance due to our former tenant, however most likely tenant won't pay as he mentioned on the phone he will be filing for bankruptcy. Our property is located in Lubbock, TX and tenant...
Hello there everyone-
Not too sure if this qualifies as an announcement but I would like to let people know a little bit more about HUD (Housing and Urban Development) and FHA (Federal Housing Administration). HUD do...