BP family, I'm looking for some help. I just closed on my first deal; an 8-unit mixed-use and I need to know the quickest way to set up online payment methods for my tenants. I don't have a business account set up wit...
Hi RE, I plan on renting and managing two properties this year. One of the homes is alreay paid off, and I plan on cashing out refi into the second home.It's now time to separate finances. I've decided to go with the...
Hi-I want to get some thoughts on the pro/cons of a HELOC. I have a general understanding of how it works, but would it be a good idea to use a portion of it towards a down-payment or pay the house the house + rehab i...
Hello Everyone!I moved into a new area a few months ago, into a standard little neighborhood for my area. Whole bunch of 3/2, ~1,400 sqft houses, built in 1977/1978. Today, while the wife and I were doing misc. work o...
Hello everyone, I'm just starting to look to buy residential single-family/duplex housing in Dutchess County, NY (NYC metro area is priced way out of my league). The area isn't particularly high-growth, but has quite ...
I'm a property manager in Austin, TX and taking over a home where the previous tenant caused over $5K in damages and also broke the lease, moved out early and moved to Arizona. I'm trying to provide guidance to the o...
I have a judgement lien on a contractor that has been in the courts and cost me over $28,000 in attorney's fees.
He has declared bankruptcy and the house I have a lien on (his half ownership of the property) is going...
So I have an associate, I guess call him a friend, that has poor credit yet owns one home. He doubts he can get financed for another house. Both him and his wife are self employed.
He came to me and ask if there was...
I have a question about cash-out refinancing that I am hoping someone can answer for me. It takes a bit of explanation so please be patient with me.
When applying for a mortgage to purchase the property, the lenders ...