Hi BP!
We are doing our first rental in Baltimore City where we will be managing directly. We've received the security deposit from our tenant and are trying to determine where to put it.
I've read on maryland...
Okay, so as we all know the stock market has been on winning spree for quite some time now. With all time highs across the board, one can see why there is a bit of a fear that stock prices will come crashing down even...
Going to try to keep this quick and concise.I'm self employed now for 2 years. I show a loss on my tax return because I offset my expenses which grants me a few thousand back during tax season. I have one rental produ...
Just wantedt to know opinions of people who have used cd secured lines of credit for purchasing houses. Have lender who is basically offering 2 points over what a 5 year cd would pay. So right now I could lock in at 2...
Thanks BP.. I am a 60% owner of a property that is unique, has single family 6 br home (is rented) and 2 separate double bungalows total of 4 - 1 br apartments that are rentals. I manage the other owners 40% interest ...
Hi all, I am not looking for an investment at this moment, just a fairly safe place to park my money. I am looking at this cd that is advertised as 3.25% for 15 months. I personally think this is a very sweet deal and...
I'm looking for a strategy where I can keep seasoned funds until I need them for a purchase. It should be liquid enough that i can access in relatively short time. TIA
I understand that I need to hold the tenants security deposit in a separate account... I was thinking of putting into a high yield savings account 1.9% or possibly putting into a 12 month certificate of deposit at abo...
Hi everyone,
I'm currently negotiating a real estate deal and would appreciate some advice on how favorable this offer sounds:
Price: $3,170,000.0017 units50% down payment5% interest rateBalloon payment in 3 to 5 ...
It seems most lenders are only providing 20-30 year amortized loans with either a 5,7, or 10 year balloon, and most of which have prepayment penalties. What is the exit strategy under these circumstances?
I ...