Alessandro A.
Loans For Rehab Only?
I'm looking for a way to fund only the rehab portion of a deal. I have the cash to purchase a property outright with the intention to BRRRR. So far, it seems like my options are a personal loan, personal line of credi...
Andre Jones
Primary Residence FHA Loan ; Triplex or Quad
Hi BP.
I am a newbie, looking to buy my first property. I want to use an FHA loan to buy a Triplex or Quad. I live and work in Europe for 9/10 months of the year but in the 2/3 months in the offseason I come home to...
Kevin Hawley
Refinancing with Fed most likely lowering rates?
Hi,My mortgage broker said that the upcoming Fed interest rate cut(s) will not have an affect on 30 year fixed or HELOCs. I am currently thinking about refi'ing two 30 year fixed and one HELOC. Should I wait?
Kenny Simpson
Mortgage rates in the 4's and 5's in 2023?
The FED is slowing pace on rate hikes, the consumer is slowing and the economy is headed into a recession? These are all guesses at this point and some believe this will happen or is happening. If the FED eases with...
Account Closed
Dint know about the rental license for two year question.
hello! I own a house in philadelphia but I dont live in philadelphia so i hire a manager for the rentals of the house. So I dont know much about the rental license stuff so I thought the rental manager will get everyt...
Will G.
How do you treat "deferred maintenance"?
so every apartment deal if have looked at has considerable "deferred maintainance".Is there such a thing as a turn key "c" class property?Or, if it does not need considerable capex, is it then by definition a "B"?I ge...
Oskar Havas
Buyout of Tenant in Common in rental property
I own a rental property together with my business partner through an LLC (title is held as TIC). We purchased the house for $500k several years back. I plan on moving into the property as my personal residence now, an...
Jason Gaetaniello
Looking for advice on using equity in my paid off property
Hello,
I’m new to rental properties so I’m hoping to get some advice. I recently moved to a new home, but kept my old one to turn into rental. The property is completely paid off with a value of about $70k. I would l...
Bryan Cork
Do my tennants need to sign a new lease?
I purchased a townhome earlier this year as a rental, and have since created an LLC to put the property into. The person who created the LLC for me said that we would need to get a new lease signed by the tenant becau...
Celia Moore
Will we get another 1031 Exchange extension?
Earlier this year, the IRS issued guidance extending the time periods for individuals currently in a 1031 Exchange due to the Coronavirus pandemic. IRS Notice 2020-23 provides that those performing time-sensitive acti...