Dana R.
Other landlords rejected applicant- Is there something wrong?
I have a applicant who's pretty eager to rent my place because several other places have already turned him down in favor of other applicants. I think the applicant has been looking for at least two months since he ha...
Austin Works
Rent to Own - Louisiana
I am interested in using this strategy, but I'm having trouble finding information relevant to the method I have in mind. I would like to finance the property to the tenant and hold the property until they reach payof...
Mario Malpelli
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.I'm a bit confused by the numbers. It's a duplex so rent estimator suggested $1950 so I...
Sandy Uhlmann
Best way to structure deal in SDIRA
I would like to purchase a lower value performing note within my SDIRA but would like to partner with a fellow investor who does not have an IRA. Example: Performing note, $15,000 paying 15% interest only then payin...
Joshua Nudell
This looks good to me, but does anyone see any problems?
Good afternoon everyone,I received an e-mail from a wholesaler in NJ who has a property under contract in East Orange, NJ 07018. Here are the details:Duplex multifamily property 2/1 downstairs, 3/1 upstairs.Currently...
Account Closed
New loan or home equity loan/refinance
I have my primary home and one rental property. I have 100k equity in primary and 200k equity in rental house. I would like to buy another house before rates go up, probably live in it and turn my current house into a...
Account Closed
HELOC or Mortgage for rental property
Hello, I would like to buy a rental property. I have enough equity in my primary. Should I go for the HELOC or Traditional mortgage? I believe interest rates are better with heloc. But If I don’t go for the traditiona...
Matthew Paul
Had a discussion about Rent control with a Renter who cant afford a good area .
I was talking with a young couple who were complaining rent is WAY TOO HIGH and we need rent control . The average for a 1/1 here is $1700 and a 2/1 is $2000 . Now they were complaining , how can anyone afford that m...
Roy Stange
Creating a reserve for Cap Ex, Turnover, etc
Would it make sense to take some of the money from a loan when financing a new property a create a reserve for cap ex, turn over, etc? When designing my model I planned to build up a reserve over time from the cash fl...
Joseph Duckett
1031 Exchange Question
Hi All,
Got an interesting situation and wanted to see how you all would handle it.
Bought a lake house in TN (near my hometown) for $250k. 50k. from our HELOC and then financed the other 200k. We were going to...