So, my father wants to transfer his house which is fully paid off by the way, over to my name soon and I was pondering the idea of taking a loan out on the house to finance my first deal. Curious to know what advice y...
Well, we are getting around to the most wonderful time of the year and that means tenant Christmas gifts. I know some Scrooge like landlords skimp on this but I am convinced that Christmas gifts build good will and ar...
Regarding the FHA loan, is there clever ways to come up the 3.5% down payment for a rental property? As well as closing costs, fees and considering the 1.5% rule. Also how much would be suggested to have for cash rese...
Not sure what fortum to post this is so just dropping it here....just had the wonderful (sarcasm) discussion of how my elderly mom can best pass her house to her children when she passes. :(so im looking for info to...
I finished reading the BiggerPockets guide to rental property management and the author said he likes to give his tenants a housewarming gift upon move in.He said a shower curtain, soap, towel, roll of toilet paper, e...
Most software (I use Buildium) comes with standard income/expense accounts. Are there any custom accounts or subcategories you would recommend for write-off purposes or just a general overview of a property at the end...
Hello Bp!Can someone please help me to understand the lending process.Can investors use a gift from a family member for a down payment?In what circumstances will a bank lend to a LLC? I have had lenders state that the...
I was driving for dollars today and the mailman gave me several tips on houses that were vacant or soon to be vacant. I was wondering if anyone has any tips on what to write in a little letter to the owners of these ...
I bought a property with a family member (son) and want to put it just in the sons nameWe bought it in 2016 as Joint tenancy. For him to get loan I put my name on property, but he made all the payments for the proper...
Currently a new real estate investor looking to source my financing. I'm for advice and recommendations for my current lending situation. I’m looking to buy a STR in MD, and i’ve run into a bump in a road for my finan...