we have 6 financed properties and would like to finance another. Any ideas where we can get financing for the least amount of down payment? Our broker says 30% down but there's got to be a way to do 20% or maybe eve...
I have a good tenant, in his 50's, that has his girlfriend staying at his apartment a lot. She passed the background check but doesn't want to be added to the full lease because she has her own apartment lease. Does a...
Hey everyone, my name is Nick. I've very new to real estate, more specifically, single-family rental properties. I just became a pro member, and have been learning, attending webinars, reading book after book, and sub...
A guy is building a 200 room upscale low impact (ecologically appropriate) resort in our tourist town. Will this help or hurt housing values? It will be the "biggest" thing in the town of population of 2600. There ...
We are trying to purchase an owner occupied fourplex, priced at just over a million. One of the local lenders we have spoken with told us that they still require 20 percent down even if the fourplex will be our primar...
I have a 2 family house, the first floor unit along with the garage and basement lights, are all on one meter. Previously the first floor apartment was rented to college students so I would pay for all utilities... We...
Hi everyone I'm beginning the process of building a rental portfolio. Most of the conventional lenders that I am talking with require at least 20 percent down and I can only have 10 mortgages against my social securit...
I was renting to tenants earlier this year. This was at the home that I own and live in - it has 2 levels and I set it up so that the downstairs area has private access/entry and also has a fridge kitchenette area.
...
Hello,
I have been advise so many different ways to structure rentals. Most recommended to open an LLC for each property and title the rentals to the LLC.It is a lot of administrative work and I am not sure what will...
Hello. I’m planning on purchasing a cabin in Big Bear, CA and renting it out on AirBNB. Where to start? Do I rather to open up an LLC first? Any good real estate lawyer in SoCal? Appreciate any info