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Hey everyone, I'm curious what the actual process is for this. Do you go to the bank and get financing for your LLC (to purchase a property) and then sign a personal guarantee? Or can you get financing yourself and ju...
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I have a question for the group. I have a tenant that is 1.5 months behind in rent. He has not lost his job during the pandemic. He has never paid on time. I was in the process of eviction before the pandemic hit. ...
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What we normally do is the property manager receives the payments, and then deposits the rental payments to the associated bank accounts. However, I want to start streamlining the rental payment process, so I was goi...
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Hi,
I just wonder if you normally require your tenant to buy tenant insurance?
Thanks.
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I am interested in buying two properties at once. I live far north and the winters are brutal and so I would like to be able to purchase a second home down south with a conventional 5% down and a duplex using FHA in t...
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Has anyone tried the lease guarantee service from tenant alert. I would not let the tenant know they have this out but I would find a way to include it in the security deposit/rent. I wonder how many claims you can ...
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For anyone who has BRRRRd houses, what property constraints do you know of that would prevent a bank from helping with the refinance? For instance does age of the property matter?
I found this to be helpful in the beginning, hopefully you will aswell ...
acceleration clauseA clause in your mortgage which allows the lender to demand payment of the outstanding loan balance for various reasons. T...
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This is my first home purchase and I am going through the final approval with the underwriter. I've quickly learned that the underwriting process is illogical, annoying, and can also destroy the entire deal while losi...
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Hello friends!Thought I'd check in and see what the landlords of the world like to offer in order for their tenants to pay rent? I only have one SFH rental right now, but want to get into more when the deal makes sens...