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Do Lenders care , if the money that you hold, via " savings " in a account, is a Savings or a checking account?
I have both opened, but I am using my Savings account, as the account of which the majority of t...
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Hi all, my father-in-law is coming to live with us and has mentioned that he should be able to be approved for a VA loan. My wife and I already have a mortgage but want to start investing in real estate. I asked a rea...
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In today's real estate investment market the mortgage matters. For those not purchasing with cash, assessing income or cash flow can often come down to the terms of the mortgage financing for an AirBNB or Vacation ren...
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All:I have a potential tenant who is looking to sign a 3 year lease for my first commercial property , a ~2500 SF office building that is over 100 years old. I've done ~50k in renovations and it's in great shape. But ...
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I'm second guessing some answers my CPA gave me recently and wanted to run the following questions by others who specialize in real estate accounting. Thanks so much for your time!We purchased a house, listed it for ...
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Since we are owner-occupied we have a lot more leeway in being selective with our tenants; but just for fun and kind of to standardize what we felt made a good tenant we created this algorithm. Do you think this would...
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Guys,Looking for some guidance here. More or less closure in this instance. I am shopping around for Refi options in Ohio and am going back to my original Lender for help. Here are their comments:"If you pay cash f...
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Hi All!As a first time home buyer, my wife and I are looking to househack our first property with either a duplex or triplex type building in the Chicagoland area. Given the cost of property here and the FHA loan limi...
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I am generally new to the rental side of real estate. Just finishing up my first flip which I did as a commercial loan, and after reading a lot of material I'm still confused on something...
I'm looking to acquire u...
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Managed to get myself into a pretty good jam. Would appreciate any guidance. Back StoryI purchased an older (1920) multi-family duplex which has Knob and Tube electrical. It's got updated circuit breaker panels, but i...