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Hello all,
Is it a good idea to take equity from my home $200k and build a 4 plex apts on a current paid off lot I own?
I will place lot on LLC before beginning construction.
Yes😀 I can build them for $200k-husba...
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Unable to evict tenants, some N.J. landlords sue them instead.https://www.nj.com/hudson/2021...This is another excellent example of a tenant abusing the eviction moratorium. She works for USPS, her husband has a good ...
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I lost a good deal on a former bed and breakfast. I was going to live in it. My attempt at an FHA mortgaged failed, because I have 6 rental buildings and due to the pandemic, they decided my Debt to Income is way to...
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Hey everyone! Probably overthinking this but if you used a HELOC to pay for the down payment on your investment property, did you use the cash flow from your investment to make the payments on this or did you use pers...
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Hi BP,I am just realizing the importance of keeping business and personal accounts separate. My plan right now is to open a checking account and a credit card just for real estate expenses. I currently own 1 multi-uni...
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Investment Info:
Single-family residence buy & hold investment in Winchester.
Purchase price: $219,000
Cash invested: $70,000
We use a 1031 exchange to purchase this single-family home in the dow...
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Can anyone tell me which states require lower down payment on mortgages for investment properties? Also, which ones will allow a lease and pre-payment to count some of the future income at that investment property to...
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We own a 4 plex in West LA with two 2-car garages and generous street parking. There is an additional uncovered parking space adjacent to the house which was intended to be reserved for repair persons, contractors, b...
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Hey Everyone,New to STR & BP (first post!). We've been looking for a second property as a vacation home but to also serve as STR. Came across an interesting condo that is part of a resort hotel. High fees (32.5%)...
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Hello!I have an offer in on what will be my second rental property and I will be purchasing my 3rd later this year. For my first property I opened a new checking account for reserves and for receiving rent payments fr...