Amit Desai
Can Second Home be use as Rental Property (AirBNB, VRBO etc)?
Hi,I need some clarification on how does second home loan and investment/vacation rental loan work, because I have seen that mortgage rate for second home and vacation/investment property are different.1) What should ...
Kyle Myers
Should I cash out my IRA for my next REI?
Should I say goodbye to my IRA?Details: I'm currently 30 (no kids) and my wife and I plan on retiring with a decent "pension" at 42. To maintain our standard of living and travel the world like we want, we will need ...
Harpreet Singh
Can non-earner wife get mortgage?
Household income more than qualify for investment property mortgage. Can the mortgage be under my wife’s name (she is stay home mom)?
Gregory Schwartz
Flagstar Bank requiring personal banking account
This is a new one for us.We received a notice from Flagstar stating that starting in January 2021 they will no longer be accepting mortgage payments from business accounts. We set up business accounts for each of our ...
William T Carey
Contract on a house. Tell me I'm great or that I suck.
I have a contract on a multifamily 4 unit. And I'm wanting to validate my decision to jump on this deal by seeing what you all think. This is my first investment purchase.
Listed at 279,000
Negotiated to 240,000 w/ ...
Mitchell Smith
Renting to my first tenant
Hey guys!I'll keep it short and sweet. Have a lady that wants to rent out my primary home and when we met her she seemed very nice and very interested. She let me know ahead of time that she has more than 3x the rent ...
Jeb Brilliant
Can I get a mortgage on a lease optioned home?
Hi All,Is it possible to do a lease option on a property then get a traditional mortgage on it? What about getting a mortgage on a property then doing a lease option? When I say lease option I'm not stuck on that stra...
Rebecca S.
Heat and The Broiler
Hello, I have new tenants in a month to month lease. I started them off with 101 gallons of fuel oil. They moved in about the first week of November. Issues started I had someone come out and drain the system. it was ...
John S.
Creative way to write off travel expense?
I live in the DC area and am a landlord, but went to LA to see if there were good property deals. I didn't find any good ones, but because of the trip, I've decided to buy something near the DC area. Can I write-off t...
Alexander Persky
Share Your Experience Working with Family Members?
Hi everyone, I am just getting started in REI. I have about 6-8 months before I can realistically purchase my first investment property on my own. For that I plan to go the FHA route to house hack a property, ideally ...