Hey AllMy roommate who happens to be my brother is leaving for the Army once he gets sworn in. I depend on his monthly rent to pay down the mortgage and other home improvements purchased on credit during the remodel. ...
I learned of this strategy and a real estate training group recently. I am very excited and I am wondering if anybody has heard of this beforeEssentially, what you are doing is using a line of credit to pay bills that...
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Hi, I'm curious if a tenant may receive credits towards the purchase price for making repairs or improvements to a property. Will banks typically accept these credits as valid?
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Hello friends!
I recently lost my job due to COVID, and I had a work history with a good income for 4 years. Now that I decided to chase what I really want which is Rental Investment, I've come across this roadblock....
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I am going to try my best to explain my scenario and appreciate any responses.I recently bought a home for 200k and put 5% down on a 30yr conventional loan. My wife and I put about 40k in renovations (vaulted ceiling...
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Having recently closed on a small apartment complex, I'm putting together a survey for the tenants. My goal is to a) get their background information to better understand my target market, b) learn more about potentia...
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Hi all,I recently purchased an investment property as part of a 1031 exchange in Western North Carolina. The house needs repairs and various upgrading that I will need to address. It's also a STR so getting these impr...
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I recently read somewhere, I think in Edelman's book, that if I bought a property for cash and then took out a home equity or some kind of note that the interest is not deductable versus if I purchased the property st...
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Hello,
I'm looking at buying my first rental property this year and I'm trying to get my personal finances in order. I own my primary residence and have an ARM that's been working out well for me in the past couple ...
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I recently received an application from a potential tenant, who wants the following:(1) Rent for three years (maximum allowed by my state) and pay the first year up front(2) The first right of refusal to purchase the ...