My house is currently worth ~155k. I owe about 156k on it. I do currently pay mortgage insurance ($70/month). Current payment is $1060/month (4.5% on the loan). A streamline refi would allow me to drop my payment to a...
I have five investors doing a small deal to build and sell three properties in Maryland using an LLC registered in Delaware. Do you know a good lawyer who can help us put together an agreement among the investors? Its...
Hey BP !!! I am currently running numbers for a possible BRRR deal and I was wondering if a cash out refi required a down payment like conventional mortgages do. I don't want a 10-20% down payment to catch me by surpr...
I have a old 401k. How do I use some of that money to buy a rental and rehab the property? Can I collect rent on the property if I use funds from the old 401k?
Our bookkeeping is a mess! So for Christmas, I’m making a binder to keep all our information in one spot. So far I’ve got:
By property:
Listing when bought
Copies of keys
Copies of leases
Move in move out condition ...
HI, I am a Beginner Wholesaler. I have my contract and an Attorney in place for closing. Now I just need to get to work. I have been looking on real estate sites and I a couple contacts which I know needs to grow. I w...
I borrowed from my IRA and wasn't able to pay the amount back in 60 days. If I were to borrow again in less than a year and pay this 2nd loan back would that be possible or is that not an option?
I installed a surveillance system in my six unit apartment building a couple of months back and recently received a request from a tenant to investigate a missing usps package. What I found was a boyfriend of anothe...
Would anyone know if there are any delayed financing exception requirements if one doesn't have 100% ownership of a property? In my area (MD) I know of a lender who will refi out after 6 months when one is a sole own...
Has anyone done a comparison of what is the recomended, best and lowest price Merchant Processing Companies exist, out in the marketplace. I currently use Square but the fees are too high for debit cards - the major...