I want to make sure I apply for 2 HELOCs and a 30 year fixed mortgage in the right order so I am able to get approved for all three. Here's my situation-- I currently have two mortgages that based on my current incom...
My girlfriend and I bought a home in 2010. We now have at least 100k equity in it. My girlfriend has the mortgage in her name and I was quit claim deeded to the house. Can I get a HELOC on this house? I assume I c...
OK, here's the situation.I'm in an ILC (current balance, 112k and change) the owner/seller has ~91k on a blanket mortgage on the underlying properties (5 total, 6 rental units). Is there any reasonable way to get the...
For those of us who are new to rental ownership ( 3 units) what is best and easiest to use software for accounting that may allow managing another different business at same time?
Can you use a Solo 401K to purchase a flip property as long as it is paid back? I saw the max loan was $50K but that was for a loan and was unsure if you can use all the money available to purchase a property? I am s...
Good afternoon,I am considering doing a house hack using the FHA 203K or Fannie Mae Homestyle loan. I would like to either create an adu or house hack a multifamily that may need some work. Does anyone have any referr...
Hey all,
I was planning to purchase a small MF property in San Antonio, but have had trouble finding anything that would have much cash flow, even if I pay over 50% in cash. Rate caps are around 5-6 for 4-plexes in ...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,170,000
Cash invested: $900,000
16 Unit Value-add property we significantly renovated spending $35k per ...
Hi,We own and manage two AirBnb's. We have previously tracked all expenses manually in google sheets and produced financials statements manually, also in google sheets. Transcribing transactions from bank statements...
Is proof of funds required to simply submit offer? I've submitted two offers in the past and was never asked for it. I was told it would only be required if the offer is accepted and the bank/owner wanted to move for...