Hey BP, I was looking at a particular lender. I was amazed at the options, to be honest. There are 30, 20, and 15-year loans with many rate varieties. The lower rates always incur larger closing costs. Seeing this m...
Hello, BP. When you are going to refinance your property. I believe 1 of the requirements are "cash reserves" to cover 6 months to 12 months of funds to cover the mortgage. Instead of having cash, can a person use Cre...
So me and my wife have 7 SFH’s and a duplex. All currently rented besides 1 SFH. So this has been a family run business for some time and my brother was the Maintenance guy and Remodleing guy but he has up and quit. S...
Hello! I'm in the middle of my 2nd year of Self-Employment and it's been a challenge to get a Cash-Out Refi without 2 yrs of Tax Returns. I claimed losses on my first year 2017, unaware of how unattractive I'd be fo...
Hey! There are many factors to consider when evaluating a deal. What are some of the most important indicators you guys look for to determine if the deal works or not? Is it strictly about the numbers or do you weigh ...
Hi everyone. I currently own a 4-unit apartment in Montgomery County MD. It’s going well now that I’ve fixed alot of problems and I’m ready for my next two as I put all my focus on this one. My credit isn’t too high d...
I was reading a post on Facebook about terms in a lease. There were a lot of comments about raising the rent on every renewed lease. My question is if your taxes didn't go up nor your insurance and there was no other ...
Many people are against collecting rent by credit card because of the fees, as low as 2.9% + $0.30. Landlords would love to push these fees onto tenants, and vice-versa.
But given that so many tenants make payments a ...
It wasn't excepted but I feel it's a success. I've spent the last year or so getting ready to invest reading books saving money etc. My question for those of you that are experienced investors is would it have been...
I need help figuring out a best course for my mother and her beneficiaries. My mother owns a fully paid home with a minimal cost of living. She needs assisted living which will greatly increase her cost of living and ...