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Hypothetical: Say you have a property worth 100K. You have an owner occupied 30 year fixed first mortgage that you owe 70K and have access to, but are not currently using a HELOC for 10K. Then the housing market c...
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Small investor here but my units are currently being rented by single people for over 3 years. I have found that wear and tear on carpet, fixtures etc. are minimal compared to having 3-4 or more people in a unit. Also...
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Hello BP community,I pay the TDT tax to the county each month for my monthly STR income.However, I have a 50-day booking which covers most of February and March. Since this is a booking of more than 30 days, do I stil...
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Can I get a HELOC on my investment property if I used a HELOC from my personal home for the down payment on it?
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Hey BP team, I have a SFR rental and their 18 month lease ends in November 2023. They have been exceptional tenants. They currently pay $1750/month, which I would say is on the lower end of average for the area. I was...
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I'm reading "Rental Property Investing" and Brandon mentions that you should "reinvest cash flow to have interest compound". Sorry in advance for a possible stupid question, however what is he suggesting to reinvest t...
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I am not 100% sure if this is in the correct forum category, but I am going to just post it. I bought a small house a little over a year ago now and I have been doing some updates as I go. I have a question about my k...
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Hi, I have a few basic questions about closing from the wholesaler's vantage point. Any answers will help me a lot, thanks!1. How is a closing date settled? Where do the parties meet?2. What papers are to be signed by...
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Need some info from any persons on here that are knowledgeable about mobile homes? Have a some questions. Is it a lot involved in buying and selling a mobile home? Or what is involved? Want to know. Any advice you ca...
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Okay, here's the deal: I had a buyer seeking a condo in a specific community. I sent out mailers and now have multiple units that could be sold in there from investors who are willing to sell but not in a hurry to sel...