Ken J.
Denied for HELOC due to lack of credit history
Hi,I am considering obtaining a HELOC to purchase a second property (ideally for investment purposes). I have applied with Chase and a local credit union and have been rejected for lack of credit history. I own my cur...
Shefali R.
Newark NJ - Need Guidance on a Fourplex
Hi – Need some guidance on investing in a fourplex in Upper Vailsburg area in Newark NJ. Background: Analyzing a Fourplex, fully occupied, ROI ~8% on current NOI basis assuming 50% in costs (before forced appreciati...
Dan Kim
Is there a better way?
My wife and I are looking to purchase our first home to live in. We're hoping to renovate and then refinance this home to have the cash to purchase our first investment property, ideally being a MFH. Since the goal is...
Zachary McDonough
Buying a property with tenants: Inheriting cashflow or problems?
Stepping up my game to multifamily…This 6 unit is rented in a decent area and has 5 rented and the owner occupying the 6th. Here’s my objective. Buy the property with a conventional investment loan. Fix up the 6th uni...
William Fisher
The beginning stages of finding a tenant
Hey everyone, I am closing on my first property ever and I am unsure on how the process of getting a tenant works. For example, what service should I use to collect applications? Once I find the right tenant, do I ...
David Hite
Buying Notes in Bankruptcy
Good morning everyone! I am reviewing a tape, and there are a handful of "performing" notes that are in active BK. the tape doesn't state if its a chapter 7, 13 or how far into the process they are. Over the last 6...
Gene Kardos
Two questions?
FIRST I am wondering if any one has heard of or worked with a company called HILDAGO FINANCIAL GROUP? They are supposed to be based in Scottsdale, AZ and also have a office in Nevada somewhere. They sound legit on the...
Jason McGuire
What Makes A Great Property Management Company
I am full-time Property Manager/Broker in Florida and manage approximately 350 SFR's. Would like to get your thoughts. So I read a lot of posts that seem to indicate that the quality of Property Management companies i...
Phil Workman
Tips to mitigate landlord liability exposure
In my everyday experience interacting with landlords, I have noticed a few things that are surprising to me. Often times the smaller scale landlord/investor does not take into consideration certain liability exposures...
Jeff Silver
The change of insurance with “subject to” transaction
I plan on purchasing a property subject to The existing financing which is a VA loan. My question is around the mechanics of changing the insurance. I’m talking through this… Since the lender will be aware of the titl...