Ana Vergara
Is it worth is to lower rent to have less tenants when house hacking?
Hello!
We bought a duplex in Saint Paul, Minnesota and have it marketed at $1375. It's an up down duplex and my husband and I live in the bottom unit. So far we have two different groups interested. One is a group o...
John Hobbes
FHA Loans in HCOLA's
I live in a HCOLA and am interested in purchasing a 4 unit multifamily property listed for $1.6 million. I would be occupying one of the units for the next 3-5 years, and would rent out the remaining 3. I am trying to...
Mike Nelson
Owner oversight of managers authorization on spending on repairs
In a 425 unit property managed by a professional property manager, what is the upper limit manager shoud be able to spend on making a repair without getting permission from owner? Sometimes times is of essence in giv...
Maximus Decimus
Cash out refi on 4 Duplex properties - what is the limit of properties I can do a cash out on?
I own four duplex properties free and clear and am looking to do a cash our refi for 70% of the current value. I have been researching lenders, however I am getting conflicting statements on the property limit guidel...
Rick Howell
How You Can Improve Your Credit Score
Improving a credit score does not happen overnight.Why?Most creditors only report to the bureaus once a month. However, there are a few steps you can take right now to start cleaning up your credit blemishes and here ...
Maura Paler
How many loans can we have?
We have 3 mortgages, one is a second home, the other 2 are investment loans for vacation rental properties. All 3 are in both husband and wife's name. We are going for our 4th, and have our eyes on a 5th property. My ...
Jordan Burnett
Multifamily Syndication Refinance Implications for LP Investor
Hey guys,I'm looking for some guidance on how to know what the implications of a refinance are for a Limited Partner in a multifamily (or other) syndication offering. If it's not explicitly stated in the PPM, is the e...
Logan Miller
New law concerning owner financing in Missouri
I was told that a new law limiting the number of properties someone could owner finance was just passed in Missouri?
Kimberly L Smith
Limited Broker/Trust Account
I will be applying for a limited brokers license in MN and will be purchasing single family homes for rental properties. On the limited brokers application is asks for a trust account information. Do I need a trust ac...
Rajesh T.
Accumulated passive Losses
Hello Guys,I was told by my accountant I cant file my RE losses on real estate for 2015 since my income exceeded the limit, I have not setup an llc ..how do you structure the above to show your losses, I was told even...