Joseph Tarallo
How to get a line of credit mortgage ?
I'm looking to buy some properties, but instead of getting a conventional loan I'm looking to get a line of credit so I can be a cash buyer. Is that possible ?
Jeffery Waicak
30k and poor credit, partner with no money and a 780
I have poor credit, I have up to 30,000 to invest. I have about 10 years of rental experience. I have a friend, with little to no cash, but a 780 credit score. If we partnered up, would we be able to buy/borrow e...
Tom A.
Best 2-car garage dimensions? (limited to 485 sqft)
We're building a spec house with a detached garage on a city lot. The garage can't be larger than 485 sqft which means we could build a garage 24w x 20d, 23w x 21d or 22w x 22d. Any thoughts on which would be mos...
Account Closed
Finger on the trigger (need more opinions)
Good morning,
To preface this deal, I'm currently in the market to purchase my first primary residence so I qualify for the $8k or 10% (respectively) on the purchase. I've been doing a lot of searching trying to fin...
Brandt Baize
Buying a property with tenants
I am looking at some properties, a lot of which already have tenants in them month to month or on a year lease. Would you buy properties now with tenants in them? If yes what do you ask from the seller to provide. if...
STEPHEN YUAN
Who is right? Who's the crook?
Guy 1: My mentor offered a Duplex R/E option to me at 17,000 with purchase price being 85,000. It is located at Del Rio, Tx 78840. Basically here's the numbers he told me:$85,000.00Investment$17,000.00Rent$1,3200.00in...
Ken Badziak
Telephone lines?
I'm curious, for those of you doing full gut/rehabs, do you still install the olde-timey telephone lines and outlets into the walls? Or do you wire everything for the 21st Century, i.e., Cat 5 Ethernet, Cable TV, USB ...
Michael C.
Would you sell for 80k Profit or continue to hold?
So my first duplex deal turned out to be actually pretty good, only had it for two years, paid in the 150s for it, owe 138,000 rents started out at 900 got them to 1,100 , that covers the mortgage, The exact same ...
Rob Fegan
Working with Contractor on Buy-and-Hold property
I'm curious what other investors are doing when working with contractors; do you typically purchase your own materials and have your contractor(s) pull from your personal stock or do you have contractors acquire th...
Michael Ulrich
Inheriting month-to-month renter without written contract
I have a property under contract and will be inheriting a tenant that has lived in this house for 10 years, and pays consistently via direct deposit. However the previous owner did not have any written lease agreemen...