Neil Whitney
my new Fourplex LLC?
Hey everyone,My offer on a four plex was accepted yesterday, so I am super excited about the deal.I spoke to my mortgage broker and let her know that I wanted to do the mortgage in my soon to be created llc. She tells...
Account Closed
How to fund down payments/closing costs
Hi everyone,I’m looking for advice on how fund downpayment/ closing costs for rental properties to maximize the amount of units I can buy per year.Should I save the cash, use personal credit of line, home equity ( I o...
Kaitlyn Askey
Managing Properties for Parents, LLC or No LLC?
My parents own 5 rental properties and are tired of dealing with them and want to travel. Originally, I was going to purchase the properties from them and continue renting them out. However, after speaking with a CPA,...
Jane Johanson
VRBO Payment Processing - Help!
My renter checked in on 7/25/22, and, according to my owner dashboard, VRBO owes me $9927. (total rent minus vrbo service fee) On 7/26 I received an email that my tax form wasn't filled out. I filled it out and s...
Bill Briscoe
Buying a Foreclosure on credit cards?
I saw an article on it here: https://www.biggerpockets.com/renewsblog/2013/03/16/real-estate-credit-card/#comment-230238and one guy in the comments said he would purchase entire homes via credit cards.So financing the...
Kosh Vokter
Tenant issues paying rent
The tenants renewed their rental agreement for 11 more months. before they renewed their lease, they guaranteed paying rents wouldn't be a problem. Per the agreement, rents are due 1st of the month, and are considered...
Marco Magoni
Foreigners in the US Real Estate
Hello everybody. I am Italian and I have discovered this site thanks to my wonderful relatives in the US. I am curious to know if is it possible for a person who lives outside the US to invest in the real estate busin...
Steve Guerra
Mortgage Broker Questions
Hello Everyone
I have some questions about borrowing from a Mortgage broker.
Well first off I found one in my area. They require 25% down for any investment property. They can only fund properties 70k and up. Their ...
Kathy Utiss
Ending Homelessness of PA Start Up Non-Profit
Good Day,
We've been in the process of attempting to come up with a solution to "End Homelessness." Most of the work is done. Our way to do this is to offer a "Deferred Payment Mortgage" to both investors and homeow...
Jesi Naomi
Help with building credit
High BP, I’m very new yet have had years of credit cards, building credit and working on consolidation. My question is if a credit card company closes out your card/ account from not using it overtime does this affect...