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Hello!We have two rental properties consolidated into one loan. We have inquired about HELOC on these properties, because we have quite a bit of equity in the houses. I am being told that we can't get a HELOC on seco...
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I need advise on how to setup bookkeeping for a property that is professionally managed. My property manager uses an online portal from propertyboss.net that will generate some reports, transaction history as an exce...
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Hello Everyone, I currently own three properties under my name and have a separate checking account for each under my personal bank account. How do I best go about creating an LLC and moving the money in each accou...
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Hi friends. Have a killer deal in my lap in Folsom, CA way under market value. I'm just a baby-investor so lots to learn. Please help?
I am currently planning to use DSCR so needs $65,000 down (20% as I understand it...
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I've found a property I would like to purchase, but I'm having a hard time figuring out a way to finance it. The asking price is $120k, and the problem I'm running into is that I cannot use gifted funds for the down ...
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I am finally at the point to start my serious search to move on properties when I find them. However, I am trying to setup any pre-approved loans if at all possible.
However, my question is what loan or what type ...
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Massachusetts landlord, looking for the good, bad and the ugly on security deposits.
Where do you investors keep the deposit, what name is the account in, and how do you handle the interest?
Thanks
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Time and time again they say to write your goals down and achieving them will be that much easier. Well I did that and now I'd like your help to polish them so they are realistic and attainable. Please offer your thou...
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I just came from the bank to open a bank account for the newly formed LLC that will hold the property I am purchasing. My LLC is formed in PA and I live in NY.
In the incorporating documents, I put my trust as the o...
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Hello all, I’ve been browsing the forums since sometime mid-summer last year. Figured its due time for an introduction. I love listening to the podcast, about to finish up “The book on flipping houses” by J Scott.So...