Hi all,I'm sharing this story in hopes others can learn from what I found to be a tough (and at times incredibly uncomfortable) situation, as well as looking for any insights as to how I could have handled this differ...
Is it legal to charge more rent from an individual who has had a recent bankruptcy, eviction or a low credit score? I have searched the net in search of an answer but have not been successful and was wondering if the...
I have a scenario where the tenants experienced financial difficultly in July and were unable, they claim, to pay Aug rent, due on the 1st. They also noted via email there intention to move via a 30 day notice. Howe...
Hello everyone,Currently as a recent graduate I do not have the W2 history to use conventional loans so my main focus has been DSCR loans. I have the bank statements and reserves part of the loan process secured. My q...
A friend of the family owns, free and clear, an abandoned SFH (1200sqft 4bed/1bath) in need of gut rehab. Currently 5 years behind on taxes (~10k in taxes owed). He wants to give me title to the property. How can I to...
Hello everyone!I am looking to buy my second property, I purchased the first using a bank loan. Now my parents are wanting to buy the next one in cash, due to high interest rates. How best do I go about doing this? Ar...
Ok so my first ever rental is going to be done in a few months and I would like to know whats the best way to market it. I am going to go through craigslist since it is a free service how ever I would like to know wha...
Would be interested to hear if anyone has more/better/different information on this issue:
I just set up an Individual 401(k) for my consulting company, which is a single-member LLC. I'm wondering if this might also ...
I’m looking for DSCR loans in the 7s or 8s with no balloon payments. I’m ok with prepayment penalties before 3 or 5 years. The property or properties will be in Florida and/or Alabama. Does any lenders offer these DSC...
Hi everyone,If you had $50k in cash to use to buy rental properties, how would you use it? The area I'll be investing in has homes that can be bought for $25k on up. Would you choose to buy one or two houses outrigh...