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I recently applied for a cash out refinance with Aimloan for an investment property currently serviced by Aimloan. Back in May 2020 I requested a forbearance due to financial hardship associated with lost rents. I r...
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So I think I've found an amazing deal. Its a multi-family unit listed for $240K. Its currently occupied at full capacity with tenants on a waiting list. The gross annual income is $57K. The total cost of expenses is $...
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I am thinking of selling our primary home of 11 years in Oregon as owner financed with monthly payments. Because we're getting monthly payments instead of full seeking price up front, will we be required to pay taxes ...
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I closed on my first 4 unit almost 2 weeks ago. Three of the units were occupied and I'm currently marketing the 4th unit which I hope to have rented asap. All three tenants signed new leases with me. I used the same ...
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Hello all,I am investigating some good online rent payment services. I have read an article on here but I am curious about COZY = https://www.landlordology.com/rent-payment/Has anyone used this service? thoughts/feedb...
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Hi everyone. I'm hoping that a clever, experienced investor can help me. Maybe I'm just terrible at mathematics, but I'm struggling to figure out how to calculate ROI from a house purchased via my HELOC.The numbers I'...
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So I’m in talks with a sellers daughter for a home in Florida. They’re open to selling but of course they want too much for the house. Home is worth $180K max based on recent comps. They had it listed at 250K FSBO the...
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I attended a investor club last night and was talking to an investor about a deal he was working on. Here is the details as best I can remember.Vacant 3 bed 2 bath home with a $86,000 1st Mortgage that hasn't been pa...
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On 9/3/15, I was approved by Quicken Loans for a FHA refinance cash out. I purchased this home 8 years ago for $68,000 and now owe $61,000. The house was just appraised for $116,000 I was initially approved with Quic...
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We just recently created an LLC for a rental property that has some month to month tenants. Will this be a problem? Do I need to create a formal lease where the LLC is named as the building owner, or is it okay to kee...