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I own 10 properties in Southern California area. All my properties pay my mortgages on all homes and break even. In all my homes I have about 1.7 million equity. The problem is I can’t touch any of the equity. Recentl...
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Hey guys,
I'm an out of country investor (let alone out of state) from Canada. I've gotten approval from a US bank by using my Canadian credit history- RBC Georgia NA (a subsidiary from RBC Bank Canada).
The loa...
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I’ve always used my self-directed IRA to buy, flip and hold individual lots and never considered financing due to the non-recourse lender hurdles.
I’m interested in some raw land and the owner is willing to owner fi...
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I recently joined the REI group in my city and went to a 2 day new investor class. At the end of the class the presenters offer a 6 month hands on mentor program that includes goign to the houses with you to write de...
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Hi there! I applied for a DSCR loan and the terms include vague language indicating they may be a penalty if paying the loan early. Is this common for these types of loans? Is there a typical minimum period where the ...
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Hi All,
First post (besides introduction) for me. My father and I will be going to our first auction as bidders this Friday (in Queens, NY). We have scouted the property numerous times, actually been inside the bu...
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If anyone would like to hear the insight please let me know.
Question for you all.We had a couple move in to a one bedroom unit we have. They have been there for two months. Two days ago, I got a call from them saying there is mold on their furniture in the bedroom, the window ...
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Hello! My parents and I are new to the AirBNB community. Our first inquiry is a couple who wishes to stay in this single family home for 3 to 6 months for work. This would be our first guests to stay in this home thro...
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Managing a rental can be as tricky as a high-wire act, especially when it comes to picking the right tenant! A friend of mine, who not only manages but also lives in his triplex, is about to face a vacancy. He's con...