I bought a new investment property a few months ago, and the lender mailed my mortgage bill to the investment property and not my primary residence. I have numerous properties so I lost track of it for a little bit, ...
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Do any of you use credit cards to pay for rehab projects? I was thinking in using a miles card, but also, could use a home depot card to have the contractor always purchase through my card right at the store.
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I wonder what your opinions of allowing delinquent borrowers to change the terms of their mortgages are? To me, there is something fundamentally wrong with essentially rewarding lousy borrowers by extending their ter...
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Hi all,If your new to real estate investing and starting out like myself. As you may or may not know(yet). It's always good to keep track of your FICO credit score, as this gives you an idea (financially) where you st...
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I'm curious if most of you have separate checking and savings accounts for each property or just a separate account for your personal finances and one for all of your real estate? Do you use CDs for your security depo...
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I don't qualify for any more conventional loans so now I need to go the commercial route. Does anyone have any advice? Should I go for a 5-year ARM, or DSCR, or try to get a long-term ARM or DSCR loan? Are there any o...
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All,
My husband and I are currently closing on 2 different multi homes. We plan to move the homes under out LLC. My question is what excel or system are owners using who don't have property managers to keep rent and ...
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I have already read a lot of threads on this, I just want to confirm what I know and make sure I am on the right track and not missing anything important.1. When transferring a rental property from your personal name ...
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While researching the best options for incorporating I have found that a Series LLC in Texas is an easy and viable option. If I am not mistaken, in order to maintain asset protection the financials for each "child ser...
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Good morning, BP.I've been going to a couple of RE meetings now, and at some point, I'll bump into someone who might be looking for a partner. I would like to partner up with someone, too; however, what's holding me b...