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We have a contract on our 2nd STR. Current approval from one bank is 30/yr at 6% with 20% down. Is this the norm these days with excellent credit? What about borrowing against a 401k or borrowing against our current S...
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From the handful of areas I have looked at, the vast majority of condominiums (condos) that had achieved FHA-approved status have allowed their approval status to expire. I am trying to figure out if having a unit in ...
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Hi all,I'm early in the "figure out where we are going" phase and will do a ton more research before doing anything, so my question isn't if this is a good idea for a newbie, the question is: How do I value a small m...
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So I’ve been researching the brrrr method, and have found it very helpful, I’ve learned that you can refinance almost immediately using hard money lenders. My question is why does it take so long for people to reach 1...
So, I finally got my first deal rolling, however, the seller is trying to lock me in to purchase no matter what. Has anyone else encountered this issue? I sent him the contract and it sounds like he pretty much made a...
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Not asking for or expecting legal advice here, but I thought someone might know the answer to this.
If I create a new LLC to hold a property, I assume it might take some time to establish a credit card for business e...
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hi every one,Just came to my attention that I have to pay Taxes on the income I got from my property in Memphis, is that true ?
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Hey BP!I recently acquired a duplex (two separate structures) in Colorado Springs. I rehabbed one of the homes and doubled the rent with a new tenant. The rent of this unit is almost double the mortgage payment for bo...
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I have recently came across what appears to be my first big step into real estate, BUT I have 2 problems. I need a cash investor to get the deal done and I need a very experienced person to help me analyze the deal. ...
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Hey everyone, I have a home in San Antonio that tenants have abandoned and not paid this months rent (there are 6 months left on the lease).
I’m curious to hear from those who would consider legally evicting the tena...