James Devoe
Need Help...Is this a good Deal?
Hi everyone, I need help with this...My wife and I are looking to do our first house-hack but we can't get a mortgage due to our debt-to-income ratio (most of our income comes from our design business that has only be...
Hunter McCoy
Should I sell my house or cash out refinance?
Bought a house in Leland NC in 2019 for $226,000. My mortgage is $1270 and I am renting it out for $1640. The houses on the street are selling for $280,000. If I sold it at $280,000 that would be over 12 years of rent...
Tamera Muniz
FIRST TIME BRRR QUESTION
First time investor here with a possible BRRR in Northern Colorado that I am analyzing but am not sure I am running my numbers correctly. Looking to purchase the property for $230K and will need mostly cosmetic rehab ...
Cheryl Packham
Cash Out Refinance
So, I just read the article, "The creative way to finance investment properties you probably haven't discovered yet." And this was actually what I was planning on doing. However there was a section of concern for me...
Xiuyuan W.
Personal guaranty
Hi, I am a commercial real estate landlord wanting to inquire something about personal guaranty. I always have some worry that tenants go bankrupt before expiration of the lease term since most of the commercial lease...
DB Brooks
Buy and hold in Jacksonville, Fl.
Hey guys I'm looking to buy my first sfh. I will live in it for a few years and turn it into a rental. I have been looking in the San Jose, San Marco, South side area mostly but the market seems to be taking off. M...
Matt R.
Kansas City, Missouri proposes short-term rental regulations
All,The city of Kansas City, Missouri is proposing new short-term rental regulations, aimed at things like AirBnB. I made a post about it in the short-term rental forum; look there for more details.I don't have any r...
Dina C.
Are gift funds allowed when purchasing a second house?
I bought a house for $300K in cash 6 months ago that I want to use as a vacation house. My domestic partner gave me $60K as a "gift" and I am adding him to the title. I want to get a 30-year mortgage now and pull my c...
Michelle Romano
Loan company forcing you to pay for taxes on a P & I loan.
Hello - not sure if this is the right forum but will ask anyway. I have a principal & interest loan on one of my investment homes. I pay the tax and insurance which is clearly stated in the note. In the 9 years ...
Brad L.
Advice on Duplex
Hello,Need some advice: My wife & I are currently weighing our options between pulling the trigger on a duplex or waiting for a couple foreclosed homes to hit the market. The duplex we're looking at is only 2 door...