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I have a small rental property valued at $64k. I purchased and renovated it in cash  in the name of my LLC.  It is currently collateral for a $36,000  Home equity line of credit. Which was used as short term...
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How do you calculate debt to income ratio when you have rental property? Are we using gross rental incomes or net? I own two 3-unit buildings in the Chicago area and live in one of the units. Total gross rental income...
hey I am currently in contract for my first rental which I am buying for 45k, worth about 60-65k now and will have a loan of about 34k on it. I will buy and hold the property and it has 2 units, my question is I do no...
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Hi folks,
I'm wondering if people would be so kind as to share their opinion with how they would handle my current situation.
My homeowner's insurance (I'm house hacking) is requiring I fix the external walk-up stai...
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Hello everyone! I’m seeking some advice on the next step to take to purchasing a duplex or a triplex. My location preferences are GA, NC, or TX ( avoiding anything around the Gulf). Here is my situation.
My primary r...
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I went to make an offer last night, and since I'm wanting to use a 203k loan, I knew it would be a pain in the ass. I asked for a financing contingency as part of my offer, but the real estate agent said they don't d...
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Hi all, I'm a BRRR investor in Baltimore City and have a surprising situation I've never been in before. I need help knowing what my options are. A few months ago, I purchased a property in Baltimore City in cash, and...
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I’m considering going in with an investor on a new cabin. I would help manage the construction and also manage the cabin booking, etc. The other partner will own the cabin and take care of all financial obligations. ...
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I own a duplex in Fort Pierce Florida. I have a new Section 8 tenant in one of my units and she recently contacted me to inform me that there is a crack in the tub that is leaking water onto the bathroom floor. I im...
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I am writing this because I see so many post about Midwest properties and while mine was a rather easy (though still sot money) issues to fix not all of these situations will be. Let me start with do you have your tit...