Tiara R.
Questions about renting owner occupied home
I purchased my home in 2016 after my grandmother passed away. I refinanced in December 2020. My boyfriend and I both own our homes and would like to move in together. I would like to rent my house and we would live i...
Katharine Chartrand
Financing Property Owned by My LLC
I have properties that i am fixing up that have no liens on them, so I figured I would go to the bank and use them as collateral for $300K in loans for some renovation.
Dunlap - an unimproved but habitable in...
Amrit Babu
Oh Pantry my Pantry~~
Need some advice... Closing on a new construction condo Austin, TX (2 miles from dtown) that I got under contract 1.5 years ago. Upon few months after execution of purchase agreement my unit ended up being flagged...
Alan F.
Selling Fractional Share of Residential Property
My father owned a townhouse with his girlfriend (he was 81, she’s 82). He passed away about a month ago. The two of them owned the townhouse as tenants in common, each with a life estate. (Which makes partitioning the...
Chris Lohmeier
Defining a Tenant in lease contract
Hello BiggerPockets, I’ve been absorbing all I can for this community for a year or so now but have finally came across a question I can’t seem to find the answer too. I’m in the process of picking up my second SFR r...
AJ Dhillon
Joint Venture - Can only 1 partner qualify for mortgage
Hello, I had a large amount of capital, but I cannot qualify for mortgages so I am looking for a way around that. If I were to recruit partners is the following scenario possible.We both put 50% of the down payment in...
Warrender Household
Does the seller or bank have claim to a short sale deposit?
My wife and I had an offer in on a short sale. Long story short, the bank eventually accepted and we were moving forward. Two days after the end of the inspection period, I found out I had to move out of the area fo...
Jason Walkowicz
Life Insurance on JV partner
I'm starting a rehab project with a new JV partner and was curious as to what the consensus is in taking a life insurance policy out on the JV partner to insure my interest in the deal since this particular propert...
Chris Hames
Grandparents died my mom bought sisters half from her but recorded the title wrong
Hi everyone, we are in California. My grandparents passed away three years ago my mom decided to buy out her sister's half of their home. She transferred the money into her sister's account. However, when they went ...
Ignacio Val
renting a house with mortgage
Hi, can I rent a house with a mortgage? If I do it, so I have to inform my bank?
Thanks