Gregory Schwartz
Texas: Cash out refi vs HELOC
I had planned a BRRRR with a 4 plex that I'm house hacking. Originally I had planned to refi using a VA loan BUT here in Texas the rules concerning Cash-out refinances prevent pulling more than 80% LTV. With that bein...
Carl Millsap
Need A Legal Work Around To Close A Deal
We have a contract on a property. The owner has the property in an LLC that has been dissolved by the State because they haven't filed annual reports or taxes since they set-up the LLC.The owner filed to have the LLC ...
Alexander Hamilton
Getting financing with LLC and new partnership
I'm in the final stages of rehab on a BRRRR property which I paid cash for and am looking for some advice on pursuing my refinancing options. Unfortunately my credit is not good enough for the refinancing aspect of th...
Jeff Johnson
Subject to on short sale property
Has anyone contacted an owner of a property that was listed as a short sale and offered to do a subject to? Is this possible?
Bradley Jernigan
What are some good ways to prevent unit turnovers?
One thing I learned is turning over units can be very costly. A quick way to keep expenses low is to have tenants stay in the unit rather than move out when their lease is up. What are some ways to prevent tenants lea...
Michael Sanders
Question about short sale lead
I have a guy who called my sign who says he's trying to sell a house for his brother who is out of state in the Military. After doing my research I see he owes more than what the house is worth in retail condition. Co...
Dave W.
Rich Dad, Poor Dad's Cashflow game
Any thoughts on this? Seems kinda pricey at $200, but if it gives you a good education, maybe it's worth it. For those who have played the game, would you say it's a worthwhile investment? What can be learned from the...
Henry T.
Seattle Eviction deputy shot by tenant
More horrible news from this sad city. Btw, Seattle City council approved an ordinance making criminal history "off limits" on rental applications. Maybe not a good idea.
https://komonews.com/news/local/ballard-800-...
Clint Moore
Selling owning financing without paperwork
So I have sold a few properties on land contract. All have defaulted due to poor getting on my part. That's unrelated though, so I have a co worker who is letting someone he doesn't know prior. He already establshed t...
Ray Yeung
Prevoius seller collected first and last month's rent
I purchased a rental property 3 years ago. Now, the tenant has moved out. He said he paid first and last month's rent when he initially moved in and is demanding the last month rent back since he doubled paid. When I ...