I just took out a HELOC to use as a down payment an investment property. My monthly payments will be low (interest only for 10 year draw period), so shouldn't really affect my debt to income ratio much.Once I buy the...
Hi Guys! I am planning to buy a duplex using FHA loan so I can make a downpayment of 3.5%. Is it possible to keep the one unit vacant and not live in there? I just want to have the benefits of the low downpayment. (ho...
I am currently saving for my first down payment on a buy and hold real estate property. I'm using Barclays with their really high 1.5% APY savings account. A lot of people will argue that if you are saving for a down ...
My situationHave a decent sized portfolio of stocks, bonds, etc and a main residence. Have about 250K to deploy in an alternative asset class, preferably one that inst correlated with the stock market.Work full time...
Looking for some feedback on rent amount. I have a property in Chesapeake VA that I am marketing as a MTR; however, it has been on the market for over a month now with no real bites. I have tried lots of things to hel...
Last March, at the beginning of the pandemic, one of our tenants didn't pay, and didn't answer our texts. Finally, she contacted me. Her husband had left her. She had no food. She had no dog food. She had no mone...
Do you ever let good tenants (keep units in good shape, get along with people etc) fall behind in rent without doing evictions when you have many units? For instance the cost of a turnover usually is a few thousand, ...
Economic Update
(Monday, June 28, 2021)
Should Investors Wait Out this Crazy Housing Market? I know. I know. I feel your pain. You’re an investor. Investors buy and sell properties. You’re chomping at the bit ...
As a landlord, how much would you expect to credit your tenant if the oven and stove stopped working and you couldn't replace it for 40 days? The tenant is a family of three and has to order out or dine out almost eve...