J.M. M.
Home Equity Line of Credit (HELOC) issues...
Okay first the good news. PenFed is really amazing when it comes to HELOCs for a Rental Property. 80% LTV. Very fast response. I applied Friday and heard Monday I was approved, "when do you want the appraisal?". Appra...
Ima Renter
Property Management Requirements Legit?
Hello!
I posted this earlier in the "Renter's Forum" ...
I recently found a house being leased that I applied and got approved for. The house is managed by a property management company representing the landlord.
T...
Bennet Sebastian
Personal guarantees from limited partners
So I just got turned down for a construction loan from a local community bank for a spec medical office project that I am planning to build. I have the site under contract and all of the numbers work. I have a several...
Josh Platko
Note Nightmare
I need to hear some nightmare stories on subperforming notes. Just recently began studying them, and not seeing the immediate risk. Long foreclosure process? State loan laws tough to understand? Loanee difficult to...
Account Closed
Smoking and Pets...YES OR NO?
Without being to terrible cynical here, I understand the demographic of what a renter is. Of course there are wonderful renters out there, and there are terrible renters out there too. The middle course or group, I th...
Mike McKinzie
Is a License Required?
I was going to combine several loans through one mortgage refinance on the current house I reside in. I was going to get the financing from my uncle as it would save me many costs. But he just told me that he found ...
Aj Bowman
Property Gain Taxes in Maryland
Hi Everyone,I am trying to understand how the property gain taxes work in Maryland. I know I can use a 1031 to work around the taxes for a little bit but I will using a private lender so I don't believe that will be a...
Mitchell Lash
Tenant Wants To Cancel Lease Before Moving In
So, I have a lease that is supposed to start on June 1st, 2021. The tenant who has already signed and paid her security deposit just contacted me and told me that she will no longer be moving in. I am wondering if I c...
Vitaly Evdokimov
Should I accept tenant with 1 cat if we advertise "No Pets"
Hello,Should I accept tenant with 1 cat if we advertise "No Pets". We have have new tenants in other units without pets. The tenant is great candidate except that she is willing to stay 6 month instead of 12 month. So...
Michael Leo
Tenant Screening Question
Hello,
I'm kind of new to real estate investing and first time posting on bigger pockets! I have been trying to self manage a couple of properties for the last 2 years. Haven't had many issues except I run into thing...