I just left the office of a broker, I know well and who has been an agent over 20 years. She says she had never heard of "wholesaling" and didn't understand how I could market a property "I didn't own". This came up...
hello every body i need advice from the professionals I bought home foreclosure for hoa.Then I discover it have a lean. I try to rent the home to reback what I pay. Then the bank get final judgment and I met another a...
Here is a question if a seller is willing to finance you how does this work? This would just a contract between you and the seller with no bank involved? Therefore not on your credit and debit ratio create issues if y...
I have about 150K in my HELOC and planing on using as my down payment for multiplex. My Concern is I may not be able to pay mortgage and HELOC from cash flow which is going to be very low due to price of houses in my ...
I have been listening to several podcasts where people talk about cash out refinancing their property and the money is tax free. How is the money tax free? I'm located in Maine
I purchased a four unit building early this year. Part of the down payment was borrowed using a 2nd mortgage against another building, so my real equity is lower than the building value less the 1st mortgage. Financ...
Bank of America says using its merchant services for lending money is prohibited. I then asked the representative, can i open a regular business account for my private consumer lending business where customers pay me ...
I'm just trying to find out some accounting info about my rental property. I have one of my employees renting a house from me, we have worked out an agreement to have them pay partial rent each paycheck that I take ou...
In 2015 I spent $16,742 on water for some of my rentals. There is only 1 water meter feeding multiple units so I cannot tell which unit is using how much. I can usually tell who may be using more water than the others...
Hi everyone,One of my tenants who moved out a few months ago is threatening to sue in small claims court. I really don't think he has a case, but I'd rather avoid the headaches and legal fees. Is it legal to simply tr...