Robert Hastings
should i sell to my tenant? owner financed question
i purchased last year for 25k from a friend who had a tenant in place. great tenant. paying 650 month. tenant responsible for energy bills. im responsible for water, insurance and taxes. i clear 500 per month ass...
Beau Sydes
Sell Subject To to my partnership LLC?
Hello everyone,Can I sell my STR to my partnership LLC via Sub To?The property is already deeded to the LLC. But I’m wanting to get the DTI off my personal balance sheet so that I can purchase a new Primary Residence....
Joseph Scorese
Refinancing Your Mortgage: When It Makes Sense
Refinancing Your Mortgage: When It Makes SenseImportant considerations for when refinancing is a good financial move.Refinancing your mortgage can offer a way to take advantage of low interest rates -- or, if your mor...
Joe Del Greco
Ambitious Newbies in Metro Detroit
Hello BP, love this site, very informative. Newbies in Metro Detroit looking to get started. We have finances, basic construction knowledge and ambition! Looking to start our first flip, looking for some help with the...
Michael King
Do I have a pending neighbor lawsuit in Missouri?
Hi guys, I bought the house I live in back in May 2019, so I've been here for 9 months now. We are on 3 acres at the top of a steep hill; like mountain goat terrain. Today our neighbor at the bottom of the hill called...
Lawrence Paul
Debt to income ratio - How to overcome?
Hello again,I am currently struggling with my debt to income ratio with the purchase of my first income property.Only have one car payment and my personal property (mortgaged), which I plan to turn into a rental in th...
Alex Gitman
Please Help !!! trying to understand Title Insurance
Hi All,I singed a contract last week on buying a lot of land. When I was talking about it the guy who flipped it to me told me that previous buyer backed out because previous buyer could not get title insurance from t...
Chad Ramsey
Does a short term rental need to be set up in a LLC?
I'm under contract to close on my first short term rental (vacation home..AirBnB)... I understand the LLC would be helpful if ever I sold the place so there is no need to re-permit. Any tax implications? Any other con...
Andrew Hartigan
question about insurance claim for roof replacement
We had hurricane damage on our personal roof and had a roofing company work with us through the insurance claim process. Insurance company gave us 15k. There was other areas of the house damaged but apparently we ca...
Dennis Brody
Wholesaling a subject to?
I have been getting leads that are super thin for a flip or a wholesale, but for a buy and hold they are not terrible. I was wondering if there was a angle to sell a subject to deal. Here is the scenario... The prop...