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Good afternoon folks,
I’m working on acquiring a STR in IN. I’m going to use a vacation home mortgage to fund it. Is there a minimum amount of time from close until I can start using it as an Airbnb?
Thanks in adv...
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Anyone here use prop stream to generate leads? Or can share how to filter more efficiently? Thanks in advance.
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Hi All,I am looking for ideas of what other investors recommend doing while waiting to pull their cash out of a BRRRR?I have been thinking of asking for a Line of Credit or personal loan to purchase another property i...
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Hi All,I know that when you receive a prepaid rent, you treat that as an income on the year that you receive it. However, what if you use the property manager, and they are the ones that receive the prepaid rent and ...
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BP! I have had the back unit of the duplex I just purchased to house hack listed for almost a month. I have had some showings but no applications until today. The applicant has no verifiable income (he is an artist an...
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Hello BP,I came across Temple View Capital and of course was amazed.... the first draw available before the work is completed??? Get out!! Their site looks nice and pretty transparent, although the FAQ about pre-payme...
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Hi guys, I'm looking to begin building a real estate portfolio in Columbus, OH or surrounding areas. I've heard great things about the cash flow and the lower home prices are extremely appealing. If any agents and/or ...
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I have a tenant who would like to apply for one of my Hammond units. This person said she's had surgery recently and has been out of work since March, and will return in August. She offered to pay a full rent's paymen...
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Has anyone done an extension on an open ended loan? I am familiar with the concept, but not so much with the nuts and bolts of how to get it done. I believe there needs to be a new note and security instrument. Not...
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Hello,I own one non-performing note. Chapter 11 plan was approved in early 2020. Do I need to report this income? Will I owe taxes?UPB: $50kLegal: $85k2020 Pmts: $15k*LLC costs related to note (force-placed insurance,...