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Hello fellow Pennsylvania landlords. I have a security deposit question for you. It is my understanding that the security deposit, by law, must be kept in a separate interest-bearing account. When I initially asked se...
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I just found out about DSCR loans. I am a new investor and would like any advice on where to go to apply for one. I am looking to invest in properties in Illinois. I would appreciate any advice or opinions on this to...
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My wife (licensed agent) and I are (new) investors with 1 rental property. We are considering partnering with a long time friend on a flip. I am curious on how we could best structure her commission into the deal to s...
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So I've done a few flips using hard money and I'm running into the issue of them sending out their inspector to verify work, however between the time that I sent the lender the SOW (while in escrow) and the time we ac...
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Hey everybody, I'm planning on doing a creative acquisition strategy and I'm looking for some answers to these questions before I talk to lenders so I can adjust anything. Questions:
1. Can you do a conventional Cas...
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In New Jersey,
I'm using Stessa for my accounting. What categories to things like chair leg floor protectors, "use other door signs", sticky hooks for towels, wall decorations, combo locks for doors, out of these cat...
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Hi, newbie here living out of state. Last year we bought fully refurbed older 3/3 single family cape in Brookhaven for little over $300k, paid cash. It is great location and nice layout 1,400 sq ft. We live out of st...
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Hi!
New to this page- looking to invest in some multi family homes. Goal is to buy a 1-4 unit house out of state.
I want to house hack for the benefits of "First home buyer" deals (If thats even a thing) but am conf...
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Hey everyone, so my wife and I are about to close on our first Duplex. Our question is how should we actually prepare for CapEx? We ran the numbers on the BP calculator using 5% for the CapEx budget like Brandon Turne...
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Applied and was approved for a guidance line of credit in my personal name before starting a real estate business with another party. Closing on the home next week but payments will be made to lender from company acco...