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Hi BP Family,Looking to scale my RE portfolio. I have just started my LLC through legalzoom, I am thinking about starting a business and using the LLC as the management entity. With the hope of allowing me to scale an...
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I have a single family property under contract for $48k. I have $20k I can put into the deal. I’d like to make a large down payment and have a low monthly payment. Most of the lenders I talk to want to see 2 years ...
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Good Morning ladies and gentlemen. I'm trying to weigh my options on something. Maybe you can help me. I bid on an online auction property and won for $6,180. In the listing it said no earnest money deposit was requir...
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The rental is in Tacoma, WA. We have had a problematic tenant for some time, but back in Nov. 2021 we switched from managing directly to have a property manager take over. Our property manager was formally introduced ...
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Trying to decide on using reserves to pay off rental mortgage or keep. I am retired, 72 and own 4 college rental houses. Zero vacancy as housing shortage is acute and typically let students pick their successors. I st...
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Hey everyone,
I'm sure this topic has been on here before, but I just started this account and decided to post a question before it all begins.
Well I'm currently living at home with my parents and am dying to start ...
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Hi! Does anyone have any tips on how to go about making extra payments to mortgage principal? I'm a contractor right now so my salary is constantly changing, but as soon as I get paid, I'd like to make some small extr...
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First post! Been following these forums for months but I finally have my own reason to post for some advice:I have a tenant that's a hoarder and only paying ~$399 a month for an apartment in an area that's going for o...
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Response to Proposed Regulatory Prudential Standards for Non-Bank Mortgage Servicers Response prepared by Rishel Consulting Group – a consultancy for chattel lendersRishel Consulting Group is a nationwide consultancy ...
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Lily has a house worth 600k with no mortgage. Will a bank lend Lily the full 80% in a HELOC, or cap the limit? Will Lily's DTI affect how big the credit line is?
Thank you!