My wife and I have a rental that was our primary for 12 years. It is cashflowing 150 a month with 100,000 in equity.
If we took a heloc and used it for a downpayment on a new property do we count it against the cash...
After several months of non-payment, and over $4,000 of lost rent payment, she's finally gone! The unit is a mess and will need at least $1500 in repairs and clean up. We still have $750 of her deposit that will be ...
Hello All, My 1st time posting and it's a doozy. Today I got a message from my tenant's mother who says her daughter (my tenant) allowed her convict BF to move my rent house and now the daughter wants him out. He move...
I also applied for a mortgage, they wanted 995.00 up front. It says the Company is from NC, they are not. I always do a scam check on a website called Scam experts. They check out your inquiry and tell you what they f...
Hey guys, so a few weeks ago I closed on a 90 LTV HELOC for a duplex I househack. I was obviously was able to get this high of LTV because I was owner occupying the property. The HELOC is for $57k, but I had to use $3...
Is this an appropriate and legal way to ask friends and family to help find private money investor partners?
This is a message I would send to a group of my very close friends.. any advice or tips would help, thanks!...
I have four rentals that I bought before the crash. Had a grand plan back then but life and work got in the way. I also am self employed in agriculture I own a seed processing plant and I farm in central Washington an...
Hey allI finally bit the bullet and purchased my first place. It is a 3bd/2bath SFH that was ~190k. My monthly payments are $1200 (PITI, Interest is 4.75%) and I will be having 1 roommate pay $500 and the other pay $4...
This will be my first time raising money from friends and family so I want to make sure I do things correctly. I'm looking to raise funds in exchange for interest payments to do some rehab on a property I currently ow...
Hello All,I am in talks to purchase my first property and would like to hear your opinion on this deal! Here are some details, and the report is attached below:This is a multi-family student housing property. 2 houses...