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I have been informed by my loan officer that we no longer have the option to cash out refinance our rehabbed properties at the typical 6-month seasoning. It has changed to 1 year. I am looking at other options to ge...
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Alright, don't jump all over me for the question, but I really don't know the answerLet's say I buy a home for $100,000 and put 20% down with a 7.25% mortgage. I now have $80,000 worth of debt with roughly $450/month ...
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Let's assume I have both homeowner's insurance on a SFH rental as well as personal umbrella insurance. The SFH is owned in my name, not via LLC. Let's assume my umbrella policy covers me up to $10MM in liability, just...
I live in NJ with a property that I want to rent out that is mortgaged in my name. I understand that deeding my property to a LLC can trigger a due on sale clause on my mortgage. Question, can I rent/sublet my propert...
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We are preparing to do our first 1031 exchange in the next couple of months. We read all the standard descriptions and begin to get clearer picture, but have an additional complication and are not sure how it changes ...
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Hi, We have 6 properties that we personally own, and are interested in moving them into an LLC for protection. What is the best to accomplish this without causing the lender to accelerate the note.
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Any tips on starting out wholesaling in Santa Monica?
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Good Day All, and Happy New Year. I'm a newbie REI entrepeneur on Salt Spring Island BC, Canada, soon to be moving to Victoria, or elsewhere on Vancouver Island, (as my job allows me to live anywhere in the world). ...
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Alright, I'm a complete noobie so feel free to grill me for this one but I've been reading about wholesaling on the forums and I'm not completely sure I understand why it seems so popular.
If I understand correctly,...