Hi, I bought my first rental property with an LLC. We are three partners. What should I do to finance my second property? I tried to speak with some small banks about a cash-out refinance on the first property (we own...
First time investor. I have found a nice 100K house (3 bed 1 bath) in good shape that would rent for 1200 plus utilities, in my area. Currently, I would not be able to put the 25% down that the bank would require. Wou...
So whether you are renting to families, individuals or businesses, it's important as a property owner to require your tenants carry liability insurance. Why you might ask? Well there are several reasons for this. A si...
I'm looking to build a portfolio of properties, practically owner financed homes with a 10 year ballon. I would prefer 0% intrest and 0 down but if I have to bring in private money to make these deals work then that'...
I have a property where the owner owes 30K, it needs around 50K in repairs and the owner would be willing to carry back the note for 0%.
My plan is to use private money to get the work done in under 8 weeks, and the...
Besides raising money, is there any other options for downpayment?A 12 unit $429,000 unit doesn’t really make sense to raise money.
I am new and have only rehabbed one home which I sold. I would like to be able to start building an inventory of rentals but I have very limited cash on hand and my income is very low also. I believe I can obtain...
Here's a situation that I have recently been presented with. I spoke to a private lender that's willing to do 65% LTV on residential or commercial with no credit check. I asked this private investor if he would allo...
Hey everybody! Got a question out of the American Southwest concerning tenant screening.Skipping over the entire sad story about my roommate saying he wanted the place and backing out at the last minute (two roommates...
Hi there!
We currently own 3 single family rentals. Originally our goal was long term hold and retirement. However, I have changed strategies and am now looking for near term passive income and financial freedom.
I...