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Due to my DTI ratio, I had a hard time finding a conventional lender to give me a mortgage on my primary residence after paying cash for the house. A friend of mine is going to be the lender and act as the bank on my...
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Hi BP,I currently live and invest in Pittsburgh PA but I lived a good portion of my life in Houston TX and still visit frequently. I am interested in entering the market. What areas do you all suggest I keep on my rad...
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I currently have a property that I am in the process of refinancing to pull money out on a deal I’ve been working on for 2 years. I have a partner that owns this building through an LLC we formed. My question is how d...
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I have a handful of rooming houses with a very interesting clientele. Now that it is getting colder, tenants have started using the stove top and ovens to heat the house.
I've had more than one $400+ bill (with only...
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Ok landlords,Who's been sued. Tell me your story and did a LLC help or not help you? Did a large umbrella policy protect you? I think we've all been going about this from the wrong side whether you need a LLC or n...
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Backstory : we entered into a deal that guaranteed us payout over a year ago. We've tried to be patient because the guy we're doing the deal with ran into a bunch of permitting issues. But it's been 2 months since he'...
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Im planning on buying a single family house in Fort Myers, Florida, and rent it to college kids. Rent out the rooms and I'll live in the garage (dream come true kinda).NOW, if I tell the tenants, "Sure have people ove...
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My offer was accepted on a duplex and I recently asked for the current rental agreement for the current tenants. There seems to be red flags all over the place and I will not enter in the actual contract or send any D...
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Hello!
I just want to run the numbers here before I make decisions.
I'm in the process of getting HELOC in Orange County, CA.
One of the local bank gave me this deal.
- 25 year term, at 10 year term the loan co...
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Good morning I have a question I'm in the process of getting preapproved for a mortgage and I have an item in collections that is lowering my score I tried disputing it months ago but it wasn't removed so I called to ...