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If I have a ground up build I paid cash for, can I use a DSCR loan to take a mortgage out on that house to build a rental home on a lot we have next door? I would like to take the mortgage out in my one LLC and rent t...
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Hi All,
I’m planning on switching from a California-based LLC to a Wyoming-based LLC for my California rental property. Let me explain..
Currently I own a property in California which is owned by a California-...
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I'm a new investor and because I'm self-employed, I can't get a loan for properties in my local market unless I can put down 20%. I've turned to looking for rent-to-own properties. I'm not quite familiar with the exac...
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Hey everyone, I signed up on this site a while ago and haven't posted much but have been reading and listening to podcasts and I am ready to take some action.A Little about me and my situation:My wife is self employed...
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I can work with the higher interest rate and try to find deals that fit the added expense, but if you do a CL on a 20 year amor with a 10 year balloon, how do most people handle this?1) do they simply save up the case...
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Hey everyone,I'm Parker Hewes. Originally from Milwaukee, WI and a recent graduate from the University of St. Thomas in St. Paul, MN, I am fresh into the game of real estate. Although I have close relationships with t...
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Hi everyone, This is my first post. I am starting my real estate ambitions in Rhode Island. I was considering strategies for finding my second rental property without refinancing out of my FHA. My best idea so far is ...
Hi!I was recently a part of a conversation in which a few more experienced landlords alluded to being nervous about marketing their rentals publicly due to potential litigation issues. We all live in Oregon (not Portl...
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Hello fellow investors. I just started to invest in RE. I bought a 2 unit in La Grange, IL. My mortgage balance is 140k and it was appraised for 221k in April when I bought it. I am looking for advice. Should I do a c...
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I'm working on getting my 6th door as a rental unit. Once I close on that, I'll have 3 single family homes and one triplex. I met with a friend today and he asked me about partnering up on a deal. To generalize a bit,...