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I have a perspective tenant who looks good on paper. He's already revealed a past bankruptcy and explained how it came about (his employer was located in the WTC and when it went down, the business folded. He tried ...
I am interested in buying a duplex but a bit confused how the "bonus" duplex that is also on the same lot will work in regards to financing. Does anyone have any experience with this?To further explain it looks like t...
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My name is Timothy Launhardt and I am originally from Upstate NY (Red Hook). I will be "transitioning" out of the USN after 20 years. :beer:
Will be moving down to the Jacksonville, NC area in early summer. ...
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HelloI am interested in purchasing an investment rental unit with my solo 401k. I would like to know if I could us my solo 401k to cover the deposit, and obtain a mortgage from a bank for the balance.
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Hey Guys,
I have a question regarding the best methodology of transferring a property for my situation.
I am in California state. I currently have 4 rental properties. I recently purchased another property under my ...
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I am considering a HELOC on a rental property, but I was just told, "If the use of funds is to purchase another property, the loan will be declined for business use, if the purpose of funds is for reserves to fix up r...
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Hi everyone,My name is Tae and I'm a recent law school graduate practicing landlord/tenant law in Brooklyn. I've come to the realization that there is only so much I can do to obtain financial freedom working in my fi...
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Currently evaluating SF properties to buy/hold. What is the most efficient way to obtain accurate insurance quotes to assess cash flow. Currently I've been reaching out to agents individually with an address that is...
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Does anyone have experience with doing a deal based on an “assumption based loan”?What are the things to look out for?
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I know this has been discussed in the form of how much debt should I carry and other similar topics. So I am applying for a cash out refi with a local bank (commercial dept) and they had me fill out a financial statem...