Hello Everyone,
So I've just learned about the cash out refinance option while perusing bigger pockets forums, but I don't understand why you would want to do it. Using the following scenario I was hoping...
I'm trying something different with one of my tenants. He's been low-maintenance but has fallen behind on his December and January rent due to some personal issues. He got his December rent current (albeit 40 days) an...
Hi,After contacting a few lenders I’ve realized that the down payment money can’t be a gift. Does anyone have an idea how rigid is this rule and if there is a way to work around it. I did receive funds from my parents...
Greetings, I have been lurking on BP for some time now trying to absorb as much knowledge as I can, I am primarily interested in learning to invest in notes. That said I have been following any news, forum updates and...
We are looking at an annual HVAC tune up plan for our rental. This is what one company's tune up entails:Spring AC tune up:Indoor Unit
*Blower Motor *Amp Draw *Bearings *Blower Wheel Balanced *Control Board *Operatin...
Hey guys, I was wondering what your take was on this situation.
I'm thinking about buying a few older rental single family homes vs buying a newer home.
Here are the specs.
Older House
Built: 1950 - 1970
Cost: $40k -...
I just put this property under contract at $417k on an FHA WHERE MY MORTGAGE SHOULD BE ABOUT $2,700, with $14,700 down. The property is .96 acres and it is zoned "light commercial "as you can see from the pictures I...
I am in escrow on a property that has a solar lease agreement in place with a company called SunRun. The property was foreclosed, so the agreement appears to be null and void, though we have the option of assuming the...
I want to build equity with my primary home as soon as possible. And I came across a method using HELOC to reduce the interest paid to the mortgage. Does any one have experience with it?
Hello everyone, I am in the process of buying my first real estate investment property and I am hoping to gain some insight into a particular situation that I have found myself in today.A little information about the ...