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I am looking for advice for a situation completely new for me. We have a lead that asks to leverage $90,000 as 10% equity down payment for long-term (10-30-Years with no balloons/calls shorter than 10-years). CFD hol...
Hey Everyone,We are in the process of taking over the management of a vacation rental we have in the Poconos and a prospective guest asked about booking it for 28 nights but he wants a virtual tour first.I’m assuming ...
Hi all,What’s the best lender for a jumbo mortgage with 10% down, credit score of 760+, and many investment properties which makes the case complicated. Having trouble getting the lender to allow income because of lac...
Looking to find out if Atlanta has any current REI / BP meet ups? We currently have a few single family rentals & a duplex on the west side. Looking to meet other likeminded individuals for knowledge sharing, net...
I see a lot of confusion about this relatively simple topic, so let's clear it up.1. Estimated payments in general. If you're strictly on W2 salary, your IRS taxes are taken out of your paychecks. Often they are takin...
I have a potential tenant. A pastor in a church. He makes "okay" money, but definitely short of my monthly requirement. However, apparently the church itself pays for his rent outside of his salary. I called the...
Trying to pull cash out of an owner occ rehab from Wells and it is insane. Having to answer questions about all my deposits (letter of explanation) and even want to know about small grocery reimbursements to GF.
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Hello all,
I know 2020 is making it tough, but I truly hope that you all are in great health and spirits!
This is the situation:
I am a Real Estate Agent here in Tampa, FL, and I am working for a fellow BP member ...
Is it the industry standard with short term rentals for the property manager to be the legal owner of the listing(s), or is it the industry standard for the property owner to be the legal owner of the listing?