Hi All - I always wonder. Which one is better in terms of profit, putting house in Short-term and vacation rental or traditional long term tenant? I know there are few factors involved (if property is leveraged, maint...
Hi everyone, Ok so I have a question about a severely fire damaged house. I have a woman who wants to sell her house to me, however, after an initial search on the internet I saw that the home had been through an awfu...
Any one know of any body that will lend on a Single family home 60% LTV. Non Fannie mae loan. I don't want the loan to be tied to my income just the properties income. DSCR is 1.31. I keep getting quoted around 5.6 to...
As a novice investor, the biggest thing I struggled with was trying to get started. It seemed like a common theme, for people that were just getting started, to stress about having read so many books and listening to ...
Hi, I'm selling my home by myself. I wanted to know if I can get on the MLS without retaining an agent, and also if a buyer contacts me working with an agent, what is the rate of commission commonly offered? Thank you!
I was given a 1st and 2nd position mortgage by 2 "private lenders" who were individuals on my owner occupied property.They did no credit check or income check and just gave me the money to buy an owner occupied proper...
I’m buying a mixed use property with a commercial first floor and apartments above it. Never had any experience renting commercial space. It’s about 1200sq.ft open space with a bathroom. A few years back it used to be...
Hi all!Newbie to REI! I'm a 35 year-old husband to an amazing wife, father to the best two kids ever, brother, son, mentor, mentee, friend, Jesus freak. I'm a passionate, motivated, career ladder climber looking for ...
I've been driving the areas that I am interested in investing and have come across a vacant house with uncut grass in a beautiful neighborhood. I did some research and found out the house is in the process of foreclo...
I'm a newbie when it come to income property so I have a question about how the taxes work and what I should do to prepare for tax season. I want to ensure I do this the correct way.I've been in my house since Dec 20...