Leslie Smith
Should I sign a lease with boyfriend
I’ve been with my boyfriend for 1.5 years. I was living on my own and was on a month to month basis at my apartment. After I got laid off from my job, he asked me to Move in with him because he was coming to a point w...
Mark Gee
Commercial mortgage bank fees when refinancing
I'm in the process of refinancing 2 rental properties with 100% equity. The deal is structured as 2 loans, one for $210,000 and one for $185,000. The loan carries a 25 year amortization with a 10 year term that adju...
Dina Hillier
BRRRR + traditional funding simultaneously?
New user here! We have one rental property in Texas and just did a cash out refinance . (Our current tenant's rent is paying for total cost of new mortgage, including cash out)We are currently looking at properties in...
David White
Syndication Asset Protection
These questions are for all of my syndicators out there! Which ownership entity method (LLC, Corporation, etc..) are you holding your assets in? And how do you protect your investors from liability concerns across var...
Ryan Koehler
FHA Loan Question - Need guidance!
Here is my situation: Currently looking at a 4-unit deal, the property meets all necessary qualifications for the FHA program and I meet the requirements for the loan. Assume that all numbers work and the deal is a sl...
Moises R.
My first tenant turnover. I'm a little confused.. Please help
My tenant will be leaving October 15. I have a family that wants to move in Nov 1st. The new family would like to see the property before they commit to it. And I would need to screen them.
Do I need to wait until t...
Dave Williams
BUY or RENT this retail property?
This is a BUY or RENT? question, with a 10 Year Exit Plan.
Small summer only resort town.RE prices, assume stable over 10 years as town is not growing appreciably and comm. properties tend to sit on the market for ...
Greg D.
1st Time Homebuyer Disaster.... Please Help
Hey everyone, I posted a week or so ago about trying to get out of a contract to purchase. The sellers are unwilling unless I provide a mortgage denial letter.I met with a mortgage guy on 12/10. I was approved by the ...
Joan Saylor
Possibly selling my 1st Property. How to "set the hook"?
The other day I had a call from a local wholesaler who was interested in buying my property. After a tour and some negotiating, he offered 140K, which would payoff all my debt-load with a little left over. I'd be brea...
Jacob Vanhorn
New Investor, Just Purchased 1st STR in South Padre Island
Just saying hello. I just pulled the trigger on a STR/vacation home in South Padre Island. We went in big for our first one, but are feeling good about it so far. We used the BP calculator to make sure it cash flows w...