We have $70,000 of credit card debt that gives us a very bad debt:income ratio. My parents are willing to lend us most of the money to pay that credit card debt off so that we can get a good cashout refi. But I know t...
I came across this loan product and was wondering if anyone has or is currently using it. It is basically taking your mortgage loan and having a 1st lien on it and it’s essentially a line of credit on your mortgage bu...
Short version:How some of you identify deposits of payments made by tenants that pay the same rent amount and do not necessarily indicate their names or unit number in the bank deposit slip?Long version:We currently h...
Hi bp, I'm in the process of replacing our PM for our 30 Units Apartment complex. Our current PM is making the Transition very difficult by holding the money in their account. There are 2 issues I'm hoping to resolve...
So I’m not really sure how to handle this situation, I need advice from a lawyer or someone who really knows there stuff. I privately rent out my home in Georgia and recently had a military couple sign a lease to rent...
Hi - this is more of me just venting than looking for a solution. We had a nice lady apply for one of our 3 bed rental units, moving from brooklyn to NJ. Her application was fine, her current and prior landlord had on...
Hello, I just purchased a fourplex in Inglewood CA. I have a renter leaving this weekend. Once I am done with his walkthrough on Saturday, I'lll need to give him his deposit back. Do I give him it at that point? Or...
Hello! Let's assume a person named Investor X has $100k exactly in a 401k and wants to begin buying homes.
I'm assuming step 1 would be for Investor X to roll over his 401k to a self directed IRA, but what's ...
Hi All, am trying to set up auto rent deposit with my tenant. What service providers do most people use? Or do you set this up directly with your bank?
I used to use the auto rent deposit service from NAIL, (some...
Hi everyone,I recently purchased my first investment property in South Bend, Indiana with a Section 8 tenant. I hired a property management team to handle everything since it’s out of state. It has been two months a...