Considering taking out a HELOC on primary residence to purchase 1st rental property. Lender is offering fixed rate on the HELOC as long as the account is open for 3 years. Would it be better to use the proceeds on a t...
I am in a situation in which I have some savings and i would like to spend 80% of the savings on the down payment to buy a property for living and invest 20% as the down payment on a rental property in the near future...
I am working with an investor who is purchasing a 14plex that has 4 units under housing/ section 8. After completing purchase my client will increase rent on all 14 units. Is he legally able to do that on the housing/...
Hi. I am a relatively new buy-and-hold investor who owns two properties in my own name and two in LLCs with partners. I am continually searching for new opportunities, but suspect when I find them I will continue to o...
Hello!I'm just about to pull the trigger and make an offer on a property here in the Twin Cities (Minneapolis-St.Paul) region of Minnesota, I'm just about done with my analysis of what will be needed to get the house ...
One of my rentals has the washer and dryer in a shed behind the house. My renter just pointed out that only good water runs to the shed and she wants to use the washer with warm water. What are my options for adding w...
Am I obligated to change the locks after one renter leaves? An upcoming divorce/aggression is occurring.
i was approached to invest at wholesaling team by investing for the marketing mail campaigns and was wondering what model partnership is fare for everyone as i will invest cash and they will do all negotiations and l...
We've had a purchase offer accepted for a 1BR condo in NW Phoenix. It's been a successful AirBnB/VRBO property til now. Looking for advice for a newbie setting up a short-term rental property.
Questions:
Should...
I am a little skeptical on using this lender for a property I found. They are willing to finance 100% of the purchase price (35k). Is that unheard of? All iv had to do was give them a form of ID, tell them how much I...