Do all tenants going on the lease need apply and meet qualification standards?
You guessed it! The exit strategy!The exit strategy is a key determining factor for most hard money lenders on whether or not the loan is doable. The exit strategy must make sense.Consider the exit strategy and implor...
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Does anyone in Ontario have experience applying the Ontario First-Time Home Buyers’ (FTHB) Tax Credit and Home Buyers Plan (HBP) to an investment property? I have heard that there may be cases when the FTHB and HBP ca...
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Hi Gurus,I am planning to buy and Hold rental properties. I Formed an LLC and got my EIN.i do not know what a business license is and do i need to get one in the state of Florida based on what i want to do with my llc...
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Hi all,I'm not yet looking at brokerages with which I can hang my license because I don't have my license yet. But I'll be working toward that soon. I'm asking this question because I want to start vetting investor-fr...
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Hello BP gang!I've heard quite a few investors talk about using the 2% rule as a general rule of thumb when evaluating for buy and hold deals for cashflow. However from analizing the rent to value ratio of residential...
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Hello ! Sorry for my newbie question. I recently purchase a 3 unit rental property I use a heloc from my first duplex to do so. My question is I do have equity on this new 3 unit and I want to get a heloc for a new in...
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has anyone asked their tenants to apply for a housing choice voucher or section 8 program while they are currently living in your property?? I have a fixed income tenant who has been living at the property for about ...
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Hi everyone! I have an appointment with my bank (Chase) to look at my options for a mortgage to get pre-approved. Before my appointment I wanted some advice on what I should look out for. What not to say, and just bas...
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I reinstated a mortgage on my cousin’s estate in July 2019 (6.125%), paying all past due mortgage payments plus paying off three liens. In September 2019, the deed was recorded officially in my name. I began a refin...