Nick Sandoval
HELOC on Investment Property
I purchased my first investment property (cash) and things are going ok for the most part.
Now looking into getting a HELOC to purchase another investment property but haven't had much luck with the big banks as they...
Daniel Dietz
Secondary Market Financing and Septic Tanks/Systems?
Hello,I am usually on here talking about investing in rentals, but this time have a totally different questions about 'secondary market' or traditional long term loans. My daughter had made and offer and had it accept...
Allen L.
Modular home on permanent foundation
Hi all,
I have come across a few listings on the MLS where it says "modular home on permanent foundation". Just wondering if anyone has insights into these properties? My understanding is that modular homes, well tak...
Patrick M.
Business Account or "Business" Account with Bank
When opening a separate account at the bank for rental deposits, rent, and expenses are you opening an actual business checking or are you opening a personal/general checking and calling it your "business" account. K...
Christine Johanns
Detroit. Paint Color Restrictions?? Not an historic neighborhood.
I purchased my second property in Detroit. CUTE and in good shape 3 BR Cape Cod (aka bungalow to Detroit folk) I want to paint it a lovely colonial blue with white trim. Very simple. My agent/Property Mgr told me tha...
Alex Jones
Using Intra-family Loan instead of Cash out refi
I've got a property under contract. I have the cash to purchase it outright, but I'm looking ahead at ways to get most of my cash back out. The ARV is 100k. It's under contract for 52,500 + both sides of closing expen...
Gary B.
Financing 12 unit apartment
Hello Fellow investors, can you recommenced commercial lenders that will be will to lend in Sacramento area for 20-22% down on a value add property 12 unit multi-family apartments.Best, Gary
Laura Costello
Is 20% Down a Must??
Is 20% or more down always required for a conventional investment loan? Is that just to avoid paying the PMI?
Laurie Harris
Is this possible?
Can someone tell me whether this will work? An owner is upside down. She owes $93 but she has already gotten approval from her bank CEO to sell the house for less and do a personal loan for her for the remainder of th...
Paul Witte
Best way to protect credit. Fraud alert? Lock? Other?
I'm a new investor, currently setting up my first deal. I appreciate all of you who donate so much of your time and expertise to help people like me. Ok, on to the question:Thankfully I've never had my identity stol...