Hi,I have around 60K that I can spare towards real estate. I still haven't purchased my first home. I want to understand my possible options to get started with real estate. 1) Should I buy my first house first? And t...
I've been having a discussion with some friends on FaceBook about when rent is late. I use Cozy for rent collection for my Maryland property. My tenant didn't start the Cozy transfer until today, October 1st. My FB fr...
Hi Everyone!
I'm looking to complete an application for traditional bank lending this Saturday so I can start putting a deal together on some of the researched investment properties I've found. I hear about all these ...
GOOD MORNING JUST A QUICK QUESTION ABOUT SAVING ON INTEREST PAYMENTS ON RENTAL PROPERTIES . WOULD IT BE GOOD IDEA TO PAY OUT A RENTAL HOUSE AND SAVE ON THE INTEREST ON THE LOAN OR LET THE LOAN RI...
Cash out refinance now or stay in HELOC?Hi all, I'm kind of at a crossroad on how to proceed? So, finally got my 1st property a few months ago. Used a HELOC and paid all cash, $150k. Fixed up the house and have put i...
Hey I am currently getting closer to closing my first BRRR deal but I wanted advice on how ppl went about the cash out refinance step. Is it tougher to cash out refinance when the title is in LLC? Any tips on how to s...
Hello BP,
I am under contract for a 4-unit, turnkey property right outside of Philadelphia, PA.
I thought I did everything right. I was pre-approved before I shopped around and I was in regular contact with my lend...
I have a homeowner who has little to no equity in a property in the Memphis area ..the home can rent for 600$ More than the original loan monthly mortgage amount .. the arv is 175,000 the balance left on the home is...
Just doing my research and wrapping my head around NPLs. I have a question about the timing of the modification:Example: my borrower has 10k in arrears, and an interest rate of 12%Let's say I call him up and we agree...
So I just purchased my first rental property in early March. We had assumed that the tenant had paid rent to the previous seller for March and did not inquire regarding rent for that month (it was factored into the c...