Ivan Reyes
protecting yourself using wrap financing.
We're purchasing a home using seller financing and a wraparound mortgage. The seller is the owner of the house we've been renting for 2 years.
My question is what protections should I be thinking about to make sure t...
Danny Sok
Separating personal and buisness expensive
Hi guys, so I’m fully renting out my first multi family property and now I’m living in my second multi family property (house hacking). I have separate checking and saving from my personal life which comes from 9-5 da...
John Stewson
Facing USDA foreclosure
Long story short, my first home was a huge mistake, I was laid off just prior to my first payment being due, and I would like to get out of the house. It's a USDA loan, it's been transferred from BOA to Carrington Mor...
Aundrea Newbern
Tenant built structure on property and wont remove it
Hi All,I just purchased a duplex in GA last week. One of my tenants is moving out in a couple of days. She built a storage shed in the backyard that was partially destroyed by Hurricane Matthew. She says the previous ...
Emmy Timberlake
Best place to put money for saving for a house?
I am a few years away from buying my first house, and am wondering where to save up for that. Currently, I invest through Betterment with a general investing plan and a Roth IRA, and I also contribute to my employers ...
Robert M.
?Should I ?refinance my FHA 4% interest loan with PMI to a conventional loan at 4.375% without PMI?
I obtained an FHA loan for 240k at 5% with PMI back in April 2009. In 2013 I received an offer in the mail to refinance my loan to a streamline FHA loan to 3.5% interest rate, the mortgage company didn’t lock me in...
Account Closed
First time home buyer- Question(s)
Good morning BPI am new to real estate, looking to invest in a nice starter home to live in New Jersey (south). I just began my search and looking into the price range of 130-170k.My credit score is good, and I qualif...
Aleksandra Draws
New property in Prosper ISD questions
Hello All,I am looking to purchase a brand new house in Light Farms in Celina TX.Its 4 bed, 3 baths 2200sqf house and Im planning to rent it out.But there is no rental posts from this community... My agent says that I...
Wilson Lee
A Car Drove in to my Rental House
I don't know how to start. hum, A drunk driver drove their SUV in to the living room/dinning room of my rental unit. The damage is about $45,000-60,000 I got the house for $20,200 and put $15,000 into the house....
Michael Brattelli
Insurance policies for rental properties
I would like to hear from long time rental property investors what things you believe are important in a homeowners insurance policy? What specific item coverage on the policy should be increased or decreased to have ...