I'm noticing HML's in my area only lend to your LLC. My question is, how would one refi out of the loan if using BRRR method? I'm not sure it would be possible to get a conventional refi in your own name if the pro...
Hey everyone, I am little confused on getting a real estate license in Illinois. After getting the licence, can I start up my own firm, or do I have to work for another real estate company for 2 years before opening u...
Can anyone share some insight into how to get lending for a property under $100k? Most of the properties I'm looking at are in the $50 - $60k range and I've been told by two lenders that it would be a high-cost loan a...
So as I continue to look over local listings and try to formulate my long term investment strategy and just gather the necessary knowledge to achieve my goal of just buying a single property by the end of the year I h...
I got my first HOA complaint call today about my tenant. He had left 3 sofas outside in the yard of the townhome. After receiving the call from HOA, I called the tenant and explained to him about HOA and how to reme...
I researched this a bit after having the thought the other day as I started planning to sell my portfolio slowly over time. I can offset stock capital gains with stock losses. Why not rental property gains?Basically i...
I have the ability to purchase 4 acres of land in MD FOR 125k. My plan is to subdivide the land into 3 plots and build 3 single family homes. I am confused on how I should finance this. Normally I’ve done flips with h...
Using the fomulas discussed here, I am able to find the properties, no problem.. In a great town...with tons of rental opportunity as well as major growth. Now what. I am also a contractor and can quickly get an accur...
I was looking at nyc buildings website for basement dwelling.I saw the conditions but were confused by 3rd and last bullet (see below). Also what is the Housing Maintenance Code. Interested in getting some extra incom...
I am subletting a property that I am planning on purchasing the set up where instead of any type of security deposit I am re-having the property which is necessary before I rent it out.I will have about $20,000 in exp...