So I owe two homes that I'm renting out, one tenant is paying just fine but the other tenant owes me two months of non-payment and are not paying since she's been unemployed. If she applies for unemployment, she'd be ...
I want to build equity with my primary home as soon as possible. And I came across a method using HELOC to reduce the interest paid to the mortgage. Does any one have experience with it?
Hey there community!
I'm closing on a property tomorrow and I'll be inheriting a Section 8 tenant. I always like to think about possible "What If" scenarios and it's got me thinking. I ponder, how would it af...
Hi,I was reading an article a few days ago that said 40% of Americans can't come up with $400 if they had an emergency. I couldn't believe almost half the country is that broke. The median household income is 60k, so ...
Have bought and sold 2 properties, Took back 0% interest mortgages for 2 year term on each.Both bought at $150,000 each and sold privately for $177,900 each Payments $1,000 per month with an option to buy them back ...
Good morning all,My question revolves around using my VA benefits, specifically my post-9/11 GI Bill following my retirement from the Army in 2024. For those with significant experience doing this, am I better served...
Quick question. Has anyone transferred their conventional financing held by the couple to just one person? What is the Fannie Mae Freddie Mac blowback with this? If any.In case anyone is concerned: marriage is in fine...
I am at a point in my REI business where funding my wholesale deals is the critical path. I am finding potentially good deals but I am not making offers due to the lack of funding. I've read a ton about private lend...
Hi folks, hope you're all having a great week!I talked to my tax consultant who also offers the service of setting up rental LLCs. He mentioned $1500 as a one-time setup fee for each LLC. Legalzoom premium service to ...
I understand it is hard to get mortgage for LLC. So can I get a mortgage under my own name and create an LLC and operate the rental under LLC but don't transfer the rental property to LLC so I can take the benefit of ...