Hello, I have been researching loans and financing options and discovered that many lenders will let borrowers put a lot less than 20% down on a property, given that they get PMI. Now, this sounds great for investor...
When a wholesaler puts a property under funds, do they have to have proof of funds? How can they if they don’t know who from their buyer’s list (if anyone) will purchase the property. (If I had the funds, I’d just buy...
There is always much debate on if an LLC is needed. I have one. Only because someone told me to hold my properties in it for protection. I paid a lawyer to draft it and I signed it, and filed it away. I read most o...
Shock, Anger, Denial, Depression, and Acceptance…These are the 5 stages people go through during a traumatic event.About 2 years ago, I had my traumatic event when a family member’s health took a serious turn for the ...
I need to create an LLC for financing as well as liability reasons. This thread isn't about the pros and cons of forming an LLC.Rather, my question is:Should I hire an attorney to do it "right", or is it good enough f...
UsaToday had an article the other day on social changes in our country.
The % of babies born to single moms has risen about 1% per year each of the last 5 years. It now stands at over 45% of babies born. My guess...
Hello,
My tenant signed the pet agreement (addendum to rental agreement) prior to getting a puppy without my knowledge. I just found out she got a puppy after signing the document and not asking for permission. Wh...
Hi, As a lanlord and property manager of our own properties. I wanted to set up Automatic License Plate Reader Cameras and Software to detect Strange vehicles in the complex. We have a HOA annd so was wondering if any...
I am currently living in a condo with a roommate helping me pay my mortgage. I re-did the kitchen, floors (hardwood), bedrooms and finished the basement. I am looking to use the equity I built in this condo as well as...
I was just reading a post by someone and he mentioned the BRRR strategy.I like this approach but have a question on the refinance part of it.I am still a beginner and the idea i have so far is to buy a rent ready prop...