Jennifer Shuler
Generating cash for REI
Hi everyone,I'm hoping to run an idea by for some advice. My husband and I haven't saved any money for investing since we bought our first house approx. 2 1/2 years ago as a short sale. We have been making repairs an...
Christian Scalla
HELOC vs Cash out Refinance
Hi everyone,
What are the differences between HELOCs and Cash out Refinances?
How can I do one of these strategies in a way that does not affect my personal debt to income ratio? LLC?
Thanks!
Anthony Beeler
Too late to start an LLC?
I already purchased a home to flip with my brother. Is it too late to start an LLC? I took out a HELOC on my current home to purchase the home and we just closed last Friday.
Ryan S.
My first 3 unit multifamily what kind of loan should I expect?
I live in the Chicago area and found a 3 unit apartment that I am interested in. I ran the numbers, like the area and started looking for loans. Was extremely surprised when Firstmerit bank told me that it would be 3...
Christopher Beasley
Help with DTI denials moving from first home to 2nd
I am pre-approved for $350k. I am using a VA loan and must live in the house for a year before I can move. The payments would be $1976 because I am exempt from taxes. My income is $7600 a month and I have $600 in debt...
Cameron Riley
LANDLORDS!!! - How to Handle The security deposit?
- How do you handle your security deposit? Do you use it for fixing the damages during the tenants stay? - When the tenant leaves and demands security deposit back, how do you handle this? - In PA, I can hold for up t...
Helen Fradette
Taking it all in and getting a plan together
Hello! I found BiggerPockets about 2 weeks ago and have been hooked on the podcasts. Three years ago, I landed a job that allows me to actually save money each month rather than living month to month. Prior to that I ...
Andrew Hejtmanek
LLC Cash Out Refi - Can You Get 30 YR Amorization
Friends, My partner and I are currently rehabbing a property in Tulsa, Oklahoma. We will have pretty good equity in the property when completed. We would prefer to hold the SFR for 2-5 years, but banks I have spoken ...
Steve Candor
Paid in bounced checks... Anyone ever get missed payments back?
Tenant lived in my friends brownstone here in NYC and rented the upstairs apartment for $2000/month.
Tenant is late on payment and then says sorry, I just need another week. And plays this game for a while. F...
Account Closed
How to Find a Tenant-Buyer with Bad Credit but that will Be Able to Purchase Later?
Hello everybody,I was wondering if anybody had any thorough answers to this topic. I have decided that in the near future I would like to start doing lease options. I already have a home that I was planning to wholesa...