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I have been using Sparkrent for a few months and have liked it on the landlord side, but I have had 3 tenants that all have stumbled at one point using it on the tenant side. I decided to look for another service.I d...
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I have two mortgages with Wells Fargo - one personal residence and one rental property. I can afford to keep making both payments for the foreseeable future. Does taking them up on the 3-month payment suspension make ...
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My wife and I have a condo in Bala Cynwyd near Philadelphia. But we recently moved to New Jersey and bought a single family home. Now we have rented out the condo and have a good tenant - which covers our mortgage for...
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Hey guys, my girlfriend and I purchased our home almost a year and a half ago we went with FHA loan so we have very little equity in the house. About a week ago we received a letter in the mail from Sun West Mortgage ...
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Hey, I recently bought my first rental property in Polk County it doesn’t cash flow enough for me to have a property manager so I would have to manage this myself for the time being, however in about 6 months I would ...
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Hello everyone!I have a quick clarification question regarding hard money loans for fix and flips. If for example, for a 12 months hard money loan, if I fix and flip a home in 6 months, am I only paying for 6 months o...
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I've been doing some research on a 9 unit complex for sale. It's been listed for a year. It is a 6 unit apt building, a 2-story/2-unit building and a 3/2 mobile home on 5 acres with a pond. It is fully rented, and ...
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Can someone explain to me how DSCR works and why it would be better to do interest only payments vs a 30 year mortgage on an investment property?Seems the interest only quotes are still high and not worth it.
One of the most often asked questions is how to get started in flipping. Here is how I determine if I’m going to keep a flip as a “Buy & Hold” or Sell it to an end buyer. Since it’s actually a little complicated, ...
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I recently rented my house the tenant pays the rent and forgot to pay the pet fee. I noticed the tenant and told her she has 24hrs to make payment. She acknowledged and I went out of town for business and forget to fo...