Tina Trussoni
Should I escrow rental property taxes and insurance
I'm soon to close on a duplex. The bank is wondering if I want to finance with the property taxes and insurance in escrow.
Joseph Lavoie
Financing Options For Low Dollar Value Rental Properties
I recently purchased and rehabbed a two bed one bath rental unit in Birmingham, AL that will be rented to section 8 tenants. The ARV on this property is just under $100k and I am struggling to find lenders who are wil...
Karen Kushner
1st Rental Property Deciding on Rates and Terms
Hi All! I am under contract on my first STR beach property. $1 million home. 20% down. 800k Mortgage. The plan is to put the property in an LLC at the onset (I heard this was easier/better rather than putting in perso...
Fernando Ramos
Veteran trying to buy rental property (starting out)
Hey everyone! I just separated from the military currently living in Nothern Virginia and I have been looking at out of state investing and I would love to get your input on that and also how would you go about findi...
Jose Mendoza
Lease-purchase rental property to a family member
I am trying to understand how capital gains would work on the following scenario. I have a rental property that I would try to do a lease-purchase deal for a family member. They will sell their home and parents home a...
Niboom T.
HELOC options on a rental property with FHA
Hello all,
I have a 2 unit multi family in Chicago that I purchased around in 2019 with an FHA 3.5% down at $420k as a primary residence during the time I lived in Chicago. I’ve put a bit of money into the building a...
Brandon Turner
A conundrum: how to Refi my rental property
Hi, I am working on refinancing a rental property. I bought the home with a Hard Money Lender and meant to flip it. Didn't happen. But I got some good tenants who pay the mortgage and then some. So I would like to ref...
Charles P.
Issues Getting Rental Property Insurance Policy in Michigan
Hello again from the UP of Michigan! I’ve been making posts about this first duplex we are closing on. Finalizing paperwork and getting keys on Friday! AND I did the thing we all read about, as far as getting multiple...
Flora Granter
First rental property purchase - need advice on roof
Newbie investor needs advice.We made an offer of $146k on a 2009 single family house, which was originally priced at $175k and seller reduced to $159k and further reduced to $149k. The offer of $146K was immediately ...
Wes Blackwell
Estate Planning - Leaving Rental Property to a Minor
I have an older client who is about to purchase some rental property in California (a duplex) with another co-owner, and would like to leave her share of the interest in the property (50%) to her 4 year old granddaugh...