Has anyone used a HELOC on one of their investment properties to put a down payment on another property? Anyone know any banks in PA willing to do so? I have one bank so far but looking for others to compare. Thank...
Hello BP! My business partner is currently under contract on a property using a loan from a portfolio lender. However, an opportunity has come up where the seller may agree to let my partner "assume" her existing mort...
I was told that if I purchase a pre-foreclosed property from the owner they have the right to reclaim the property for the price I paid for it within 2 years. Is this correct?
He wants out of the lease, she's the one paying all of the bills anyways. Do I terminate the lease and resign with just her? Is there a specific way to terminate a current lease by state? Is there an easier way that I...
I know I should probably consult a CPA on this but I'm sure there are a few that can share their experiences. I have a newly formed LLC that I will be using to hold my rental properties. Since I want to keep my busine...
My fiancé has a Happiness Journal that she's been writing in for years and this has inspired me to try it myself. I know the power of affirmations and positive energy but never thought about applying it in my day to ...
Hello, I am a dentist landlord and have 1 tenant downstairs whose current lease is expiring on 10/31. I have a digital copy of the current lease. Is it legal for me to simply edit it for a renewal with the tenant with...
I tentatively have an offer accepted (still waiting on a signed acceptance from the seller) both sides of a duplex thats used for student housing. I put a few conditions in the offer, one being that this MUST be a leg...
I had a property presented to me for a rehab. Purchase price was $28k, roughly 16-20k in work and around a 70k ARV with support that it could be going higher because of the current market. Seems like a good deal, and ...
Hello everyone. I am looking for advice on private money lending as I have never used this avenue and starting to look into how it works. My biggest question is won't I lose the tax benefits of deducting loan interest...