Hey BP,
A lender reached out to me with what seems to be an attractive loan program. 1-15 year terms, 6 percent starting rates, even 100 percent funding. Only thing that made me hesitate was he requires a 20 percen...
Hey everyone. (sorry this is a long one) This is our personal home and is very modern. Lucky us, we keep getting these "professional renters" and I am just beside myself. First of all, we had a family move in 4 years ...
I'm looking at different buildings right now and was told by a reliable source that, if I buy the building, I get the owner's cash reserves. That doesn't sound right to me. I know I get the tenant's security deposit...
Is it ever advisable to not pay 20 percent down even if you have the cash to do so? Let’s say by not paying the 20 percent down requires pay pmi, but instead you choose to keep the money in stocks or just want the mon...
So I need some advice. I bought my townhome in dec 2016. Built in 1991. The bathrooms and kitchens need an upgrade as they have the original beige cabinets. Rented the home for 2 years at $1850.Come to find out my mor...
I had a tax question relating to a HELOC. I was recently given money via my parents from their HELOC to purchase an investment property (5 unit). They have no controlling interest in the property, and I purchased it ...
Hello:
I have 2 situations that I have not been able to find answers to (at least to my satisfaction that they are correct). One is very rare and crazy, but the other I am sure has happened to someone out the...
Hi All! So I finally mailed out my first marketing campaign and have gotten a couple of phone calls here and there. I don't have a lot of cash to work with but I do have a LOC which I reserved for down payments, point...
Who was your support while working through Trial and Terror learning to be an investor?
Trial and Terror was the answer I would give when asked,"How did you get started"?
For me it was the total support of my wife ...
I am very happy for my brand new client who called me in a panic a few days before Thanksgiving needing financing because his other lender couldn't deliver what he needed. He is a builder in Los Angeles, well he was. ...