Julian Riezgo
Homeready loan for investment property
I just learned about the homeready loan that requires 3% down. I'm wondering if that 3% down is still eligible as an investment property? That way I won't have to house hack.
Jamarique Wynn
Cameras for Rental while Renovating
Do you all have any recommendations on affordable motion detection cameras for my rental property? I just bought a duplex: 1 BR & 1 BA on each side.
Heather Schmidtknecht
Thoughts on solar panels?
I’m intrigued by solar panels and if this is an opportunity to add value to my property as well as increase monthly income. However, I really don’t know anything about them and am relatively new to being a landlord, ...
Adam Spencer
Building a Garage ADU
I am wanting to build and Garage with an apartment above it at my home in Ypsilanti, MI. I was told that this is not allowed in Michigan by a friend. Just wondering if anyone knows if this is true or not? Any other...
Manas M.
Nevada LLC and anonymity ?
Hi All,
I have been researching a holding structure for my rentals for past few weeks. Primary reasons are of course, asset protection and anonymity (to the extent possible).
I talked with folks at a Nevada company ...
Aksel A.
Operating Agreement - Right To Enter Loan
Greetings,I got the following feedback from underwriting:DOCUMENTS DUE AT CLOSING AND FOR SIGNING:- *Amended Operating Agreement to reflect Member-Managed signature block is needed. There has to be an area regarding t...
Holly Hudson
Getting out of 1031 exchange
I am interested in a 7 unit property. This is the last investment property held by this owner. Asking price is around $800,000. Owes about $250,000. He bought it with 1031 but wants to get out this lifestyle and will ...
Matt Whiteside
Listing a Purchase option property on the MLS
I have a possible deal for a house that I want to control by using an exclusive option to purchase, then to assign the option to an end buyer. My question is can I list it on the mls? My wife has her license, and I ta...
Dong Yan
Is it worth of effort to pursue the probate property
I have never purchased the probate estate till few weeks ago, saw a estate property that is much lower than the market value.However , my agent told me all of those uncertainties and risky factors that involved into p...
Account Closed
Refinance Primary Residence to Fund Downpayment?
We have been in our primary residence for 8 years and, after a call with the bank, I can access around $125,000 of equity. Assuming 25% down, I have around $500,000 of purchase power. This would be accessing around 50...