City of Boston has a repair loan for owner-occupants of 1-3 family properties. Maximum is 10K or 20K depending on owner's income. 0%, no monthly payments, up to 33% forgiven in five years, balance due upon sale or r...
I found a 7 year 5% down 4.2% interest only loan for a 2 family in an EXCELLENT neighborhood and told my lawyer I wanted a clause that stated at the end of the term or for any foreclosure that I can not be found liab...
Help!
I am a newb when it comes to real estate investing. A family member came to me recently, knowing that I am looking to get into REI. He is selling a property in a rural area about an hour and a half northwest of...
I have about 50% equity in multiple properties. Ideally I would like to use some of that equity for additional investments. I would prefer to avoid an appraiser needing to go through each unit for LOC or home loan. Ar...
Are the draws I take for rehab on my properties considered other income on my P&L statement or are they not included at all? My reason for asking is because all my expenses (subs, material, interest, and utilites...
Another housing forecast for 2019 by Realtor.com and time to make your predictions. The median national prediction is slowdown in sales of -2.0% and appreciation of 2.2%. All the top 10 cities beat the national averag...
Hello,I have a tenant that has become very disgruntled after he broke a toilet and had to pay for the repairs. Our relationship has declined and has become pretty toxic. We had a two year lease, but I managed to rea...
Hi BP - long story short, my cash is tied up in illiquid assets at the moment. I do however, have full availability on my HELOC, various credit cards that are offering me 0% balance transfer checks for up to 12 months...
I have been researching a variety of ways to come up with money to finance a deal on a property and thought of pulling money from the 401k Plan that I have been investing in for the past couple of years. Does anyone h...
Hi all,
I am a newbie in real estate investing. While looking for my first rental property (or properties) with total cost of ~$100,000, I talked to a local bank to see what are my options. Here is what they ...