Ref: Lender "Mortgagee Clause" vs. "Additional Insured" on Insurance Policy to Property as CollateralHow specifically should a private lender be mentioned on the owner's insurance policy to a property used as collate...
Hey team - Would love your thoughts for this situation: (BLUF - my tenant has had to deal with appliance issues for almost a month through no fault of her own, and I want to try to make that right).My tenant let me k...
I have funds in a 401-k plan from a former employer that I want to roll over to a solo 401-k; then, write a check to purchase an income producing property without financing.
A desirable property just hit the market ...
Just closed on our 7th rental on 2-14-2020. The property is in Melbourne, FL. For the last year, I was having a hard time justifying market prices in our area and how thin the margins would be on properties I was an...
Hi All -I have a situation regarding selling my property. I am selling our duplex (one unit renting for $1100.00/month, and the other was owner occupied by us) due to relocating my family to the Atlanta GA area.After ...
Good afternoon!I just recently separated from the military and my wife and I will be moving to Washington, D.C. I will be starting a business and my wife makes self employment income as well. Obviously this does not l...
A homeowner that contacted me from a yellow letter is willing to short sale her home. She owes too much. She is 6 months behind. The house needs a total rehab to be rent ready. She is supposed to talk to her mortgage ...
Hello, this post is an update to my previous post : To summarize that post: buying a house for ~$250k w/ a 30-yr fixed rate loan, will try to lease it out for ~$2k a month, monthly expenses are ~2.2k a month.The fixed...
Hi everyone.I got a property with hard money, rehabbed, and then refi'd out using Quicken Loans. In the mist of trying to get out as quickly as possible before our hard money payments hit (they gave us 3 mo. period to...
We are in some unsettling times and many of you have questions about financing options available for investors. Others have questions about the lingo/structure of RE financing. Opening up this forum to send me all you...