Emmanuel Cuisinier
Extremely High HOE. What is the catch ?
Hi everyone,
In order to feel more comfortable before buying my first investment property I spend time crunching numbers and calling agents.
Today I came across a tiny condo, very well located around Miami Beach, ni...
David Joselson
Non-performing Junior lien notes are becoming less readily available
I would like to start buying non-performing junior lien notes and I was wondering, with the financial crises far behind us, if anyone had a feel for what the supply of these notes will be over the next 1, 2, 3 and 4 y...
Justin Tahilramani
Purchasing a REO using 0% Balance Transfer
Hello,
Just looking for a little advice. I have an REO that I am considering making an offer on. I feel confident about the numbers, but I wanted some advice on using a 0% APR CC Balance Transfer to float t...
J Newman
Quickbooks Classing Question
We use QB for accounting and Rent Manager for PM (I often feel like it uses us - although there customer service reps are great). I was wondering how people do classing for MF properties. We have 60+ doors. Most multi...
April Eilers
Cap on Late Fees for Rentals in Virginia?
Hi All,
A few questions...
1. Does Virginia Residential Landlord Tenant Act Apply to Landlords that own fewer than 5 properties? I saw some older articles that said small landlords are not subject to the Act, but I...
Antonio Williams
Using 401K for property
I would like to withdrawal some money (~10k) from my 401k to help my mother purchase a property; is anyone familiar with this process? If you withdrawal money from your 401k are there penalties and/or taxes to pay? I ...
Alec Hilliard
1st Lien HELOC On Investment Properties?
Does anyone know if it's possible to get a 1st Lien HELOC on investment properties? If so, what banks/lenders will do this? Any lenders have insight into this?
Brandon Dubisky
203k advice for a 1st time investor
I'm looking for advice to acquire a 203k loan on my first investment property. I know I have to live in it and that is my plan, but how long do you have to live in it before you can sell? Any recommendations for 203k ...
Janice R.
Applicant with Deferred Student Loans
Hi all,I have an applicant that I'm on the fence with - satisfactory income, good references and low debt. But she has a balance of 50K of deferred student loans dating to 2002, so I can't decide if this is going to ...
Tom Server
I need liquid for a down payment how to get it
So, I kind of of got myself into a pickle. To shorten the story. I'm supposed to close on 2 properties this month.one property is a rehab which wants cash. 105k the other property is a investment property. 25% down. 5...