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Hi all, I would love some expert advice on an STR deal I'm analyzing. This will be my 2nd STR property and I just qualified for a $90k HELOC (3.75%) on my first STR property. Here are the details of the 2nd STR deal I...
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I just purchased a tenant-occupied home via Ashland Auctions in Baltimore, MD. Purchase process went fine, no issues. Listing said tenant is on-time, but on month-to-moth lease. I figured not a problem. Prior to purch...
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Looking for some clarity, I am new to the Jacksonville Fl area and I have came across a couple of videos of guru's saying that it is possible to acquire rental properties (more specifically multi family homes) with li...
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Hi BiggerPockets! I am grateful to have found a forum comprised of such knowledgable real estate investors.
Background: I am a 27 year-old military officer with no prior real estate investing experience. My i...
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Hello,
I want to use my equity in one of my SFRs to purchase a short-term rental (I currently have 8 LTR) . I have been searching for a bank that will do HELOC on a rental, and so far, the only one I have found that...
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My client found this house she really wants. It is Fannie Mae property owned. Since, their credits are shot. She wants to see if I can help her get the house. What are your suggestions. Advice given would be greatly a...
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I have been looking to add self storage to our rental portfolio for a while. I was able to go under contract on a 1 acre (plenty of room to add more) 25 unit mom and pop self storage facility. They are severely under ...
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If you live in an area that has non-English-speaking tenantsIf you live in an area that has non-English-speaking tenants, especially Hispanics like where I live in California, and I can only imagine Arizona or New Mex...
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Is there a way to do a double close w/o trans funding? What other methods are there?
Is this a smart idea? In order to cover any losses, I get a non refundable down payment from end buyer that includes the 1.75 to...
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I acquired a house by a Sheriff's Deed at a tax sale for unpaid taxes here in Texas. It was not a homestead, which limits the redemption period to 6 months. As a homestead in Texas it is 24 month redemption period.Q...