Tom Bryan
advice on refiing HI condos with low owner occupancy
I have Hawaiian condo which is a short term rental and the owner occupancy rate is less than 30%. I have been told that the low owner occupancy rate makes it not possible to get a good interest rate. Does anyone kno...
Cece Chen
Returning partial payment by direct deposit after court eviction
We receive rent by direct deposit to our bank account. We have been having problems with a nonpaying tenant, so we took them to court on Friday (pro se). We won a judgement against them recently for $2465. However, th...
Adam Craig
Ohio city’s point of sale ordinance found to be unconstitutional
For all of you that have to deal with POS - this is not the first time I heard of this but makes me wonder how other cities will react.Ohio city’s point of sale ordinance found to be unconstitutional -On February 12, ...
Emily Jones
Which Tx city to invest in STR? Dallas, Galveston, Corpus?
I have saved up $20k for a 10% deposit on a STR for my husband and I. The idea is to have some place we can spend several - six weekends out of the year there and STR it the rest of year to at least breakeven month to...
Alex Muirhead
Can I buy a condo from myself?
Hi All, I have a condo which I bought in full, in cash (no mortgage) a few years ago. I tried to refinance last year but due to the fact that more than 10% of the condos in the association are owned by 1 company I am ...
Gabriel Oquendo
Myrtle Beach STR
Hey all!I'm looking to invest in Myrtle Beach at the beginning of 2024. What are your thoughts on the state of the market and potential growth opportunities? I've heard that HOA fees and seasonality have made it hard ...
Brandon P.
buying property from auction.com with Quit Claim Deed
After winning the bid and receiving a quit claim deed, will it be possible to receive a warranty deed so that I can sell it to a non-investor buyer?
Greg Barbre
Non-FHA Loan after cash purchase
I put in an offer on a single condo unit in a 12 unit building. Because 7 of the 12 are investor owned the bank would not give me a loan. Something about the building/association has to be more than 50% resident owne...
Nicoló Tossici
Having trouble to qualify for a DSCR loan
Hello, I am having trouble qualifying for a DSCR loan. The condo I am looking to refinance is non-warrantable and my credit score is about 650. Moreover is under an LLC with 3 members. Two of them are Non-US-citizen W...
Hemanth Chakravarthy Mudduluru
A Condo in Walled Lake city center - High potential for long term rental income
Investment Info:
Condo buy & hold investment.
Purchase price: $230,000
Cash invested: $50,000
2 Bed 2 Bath Condo with attached 2 Car Garage in Walled Lake city center. Very close to Walled Lake s...