I own a house and I have one rental. I'm looking for a second rental. Will a bank give me a portfolio loan to buy a house? I'm looking at houses in the $80000 range and lower. Credit is like a 720. Can any banking pro...
Hi all,This is a long story and not sure if this is the right place to ask about my situation, but here goes.About a year ago my mother passed away. My mother and step-father were both on a fixed income and barely mak...
Will you make a copy of tenant social security card when they move in? Because i've heard that you need ssn of the tenant at court for eviction. I make copy of tenants ID but never asked for ssn because they applied t...
Hi all,
I am finally buying my first property. It's a SFH under contract right now for $1.1mm. In the Outer Banks in North Carolina (Corolla specifically).
I've posted here before where I've looked in various region...
Hi everyone, I recently heard about a method some investors are using. It involves attending foreclosure auctions and identifying any properties that sell for a surplus over the mortgage, lien and junior liens. This a...
I came across a new idea in the real estate space that’s worth discussing. It’s not about buying whole properties or even shares in a REIT, but instead purchasing rights to the income a property generates.
Here’s how...
Looking for advice on growing my rental portfolio without crushing my savings account in this market. I have two rentals, both cash flowing and purchased 3 years ago with 25% down and at the record-low interest rates...
Hey everyone, I am wondering if it makes more sense to pay off existing debt first such as student loans credit card and car debt, or to save up instead to put a down payment on a rental property to bring in passive i...
Hi guys, I have a post one page back with all the boring details on this Sub2 opportunity. Seller is willing to deal, and I think I have a 85% shot at getting it. Here are my questions...1) Can the bank NOT let me bri...