Anthony Annunziata
Vacation home loan advice
Hey everyone, this might be a dumb question but I was curious if it was possible to obtain more than one vacation home loan and what the specific requirements would be to qualify for the min 5% down payment option or ...
Jordan Petchel
Asbury Park NJ Multi Family Property
Property in Asbury Park NJ is listed for $850k. Needs lots of renovations but my current rent practically covers the $5800 mortgage. First time investors. Looking for advice before I talk to local agents.Any idea on t...
Dilcia Morales
DSCR Docs Requirement
Hello Fellow Investors,I am excited to be under contract for my first STR property, but I am getting nervous about the many things I'm already discovering. I am surprised that my lender is asking me to access Social S...
Marilyn Thompson
USDA Loans for Multifamily
Anyone out there used a USDA loan for multifamily units in rural areas? Success or not?
Carmel Duffy
A stupid Landlord Mistake
With winter here I thought it would be a good idea to buy a snowblower for my rental home. In the lease it states that the tenant is responsible for snow removal, but I thought I would buy the snowblower. I had the te...
Kyle Palentino
First Investment Property: Spirea
Investment Info:
Single-family residence buy & hold investment in Montgomery.
Purchase price: $360,000
Cash invested: $75,000
Single family residence (4 Beds, 2.5 Baths) focused as a long term re...
Scott C.
Tax treatment when co-signing for a loan and also renting rooms?
My daughter is starting a 5 year graduate school program for which she will be paid a decent amount as a graduate research assistant. I am considering helping her buy a house (we will both be on the loan and title) i...
Anthony Faillace Jr
2 out of 5 year rental capital gains question
Here is the situation I am in and I am trying to find out how to avoid capital gains, if possible. My wife and I purchase a home as our primary residence in November 2009. It was our primary residence up until May 31s...
Thomas Haskell
Forming a LLC company & in South Carolina
I need to form a LLC company in South Carolina what are the do's and don'ts where do I begin etc etc any advice would be helpful. I'll be closing on five homes in the Charleston market for will be for rental purpos...
Laura K.
Equity & FHA Loan Qualifications
Hello everyone!I would like to take an equity line out on my rental house to fund a down payment on another property. I still have a balance on the first loan, but there is a ton of equity in the house. My only inco...