HelloI been reading on here for years and I finally was able to purchase a my first property using information I learned on here. However I used all my me and my wife’s saving to purchase the property outright. I took...
I've tried several times to get a loan for an investment property and each loan officer is telling me I can't use private money for the down payment. How else am I supposed to come up with a down payment? I don't un...
I have come across a chance to go in on a joint venture on a rental. What I'm looking for is how to structure a joint venture contract. A few details are, he currently owns the home. He owes about 75k left on the loan...
what am i missing?i'm a planner and admittedly sometime too much planning too far into the future. So here is my plan, withdraw as much $ from the 401k as needed (pay the penalty and taxes) to pay off the MF rentals ...
Ok, here is the situation I am in right now:I have one rental property, which was a home that I lived in for 10 years, and was subsequently unable to sell. I have nearly 50% equity in the property, and 10 years until...
Dilemma: I have $14k in a 401k that I want to use as Down Payment towards a house (This would be a investment property to rent out). Iv'e done the math, and I don't want to until until 63 to withdraw. I can get more ...
What things show weakness to tenants.
Another thread mentioned "weak landlord face." What are the signs?
I would call these weakness:
- Rent not due until move in day
- No lease
- No rental application
- No refere...
I'm hoping to find more information about a seller receiving a 1099 and being responsible for income taxes for the difference between the sale price and the outstanding mortgage during a short sale. Does this always t...
I’m working with a guy and his girlfriend.The girlfriend’s brother passed away last week who inherited a house from the mother who passed away 3 months ago. So both of the previous owners died back to back in the last...
I live in a community of mobile homes that are generally on 1 acre lots or larger. Discovered neighbor is being foreclosed on and I'm guessing they have 30 days to vacate. The 30 days are up on the 11th and the prop...