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We are starting our first rental property and have just start screening tenants. Do you typically make all adults (a couple, etc) pay to apply? What if one persons income/credit score qualifies alone?
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Hi! I'm new to the forum and getting myself prepared to go down the road to financial freedom via RE! I have one cabin in Northern AZ, and want to learn how to get more properties, slowly.I'm a W2 person, not looking ...
I already own a single-family house that I reside in. Now, I am planning in buying investment properties in Sioux Falls area - wondering if single-family is better than duplex or triplex property on its return and ren...
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Hello Guys,
I am in a situation with my insurance for a property. My previous insurance expired and I changed the carrier and got a new insurance under my LLC name. However the mortgage company ( a local credit union...
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Hello, I am renting my first investment property. My agent got an email from another real estate agent mentioning that he has a person interested in renting the house. However, the person has low credit score due to m...
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Hi,I am actively trying to purchase my first investment property. Are there general requirements for obtaining a loan? - (ie. Certain credit score, cash on hand for down payment, etc)
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I'm really struggling to figure out the best way to get my 20% purchase price and 10% rehab price that a hml lender requires for a flip(around 35k total). Does it make sense to take out a personal loan of credit? I ha...
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My wife and I recently started looking for properties to wholesale in Arizona. I planned to set up a new LLC to protect our personal assets and avoid the personal tax implications associated with the money earned in ...
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Hi Everyone,We have been planning to move the ownership of our rental property into our LLC for tax reasons and to protect our personal assets. However, our lawyer has informed us that it could be problematic because ...
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I have a vacation home at Lake Tahoe that I do not utilize often. I would like to sell and purchase another unit in the same area and was hoping I could do a 1031 exchange. Current property I do not rent due to the H...