Ess Dee
Refinancing a balloon as a foreign investor
I have an opportunity for a seller financed deal on a triplex. The seller naturally once the property on a balloon payment after 5 years (92k, I think i can bring it down to 80k but that's another story).How would I g...
Kimberly Kesterke
I take issue with the term "slumlord" and here is why
Landlords have a noble mission. We provide safe and clean housing to our tenants, keep homes maintained and reasonably respond to our tenants requests. We provide housing options so that the government doesn’t have to...
Vitaliy Merkulov
Can I use social media for tenant screening?
I see some landlords recommend searching social media about the applicant as part of tenant screening. Is this legal to make a decision based on what is found on social media about applicant? I know some websites like...
Account Closed
Financial planning - What's a plan without considering real estate?
Retirement / financial planning are extremely important tasks. My biggest beef and frustration though is that the vast majority of planners fail to consider real estate and other investments when building a plan.
As ...
Robin Bradshaw
Retiring at age 65 and purchasing a home
I am age 65 and would like to retire. I have very little savings but excellent credit. I am looking to buy a home and have a tenant to help pay the mortgage. The only other debt I have is my car note. If I can pay...
Ben Magee
seeking banker input: question for older client
I have a client who's retired on social security with $1400 a month. He has a $250 mortgage payment on his current home. But not really any other debt, drives an old toyota, that type of guy. If they wanted to purchas...
Americo Madeira
Any info in how to get a mortgage with the ITIN number?
Hi,Hi work just with my ITIN number,I tried to get a mortgage and they ask for 40-50% downpayment.Anybody have some info about how to get a mortgage witout a social security number?I just have the individuam tax payer...
Chris Latham
RE Agent selling own Investment Properties
My wife and I are Real Estate Agents and Investors. Our Broker will allow us to sell 3 of our Rentals and keep 100% of our commission. My wife needs more years of work income to qualify for max Social Security when ...
Ken Musial
Rental Insurance Claim Affecting Primary Residence Insurance?
I was just shopping around for primary residence home owners insurance and am running into a few issues with major carriers not wanting to insure my property. It turns out that a water leak claim from a rental condo ...
Mark Harrison
Looking for a CPA & lawyer in the Detroit area
I did my first flip without a LLC. Basically, as a proof of concept. It worked out really well and I am getting ready for the second one. I am looking for a good tax strategy and legal protection. I heard that if m...