Eric Gutierrez
Using 401k Loan to Get to 20% Equity FHA
I got bored at work today and started taking a look at my options on my FHA loan.
Short background
I have an FHA loan on a duplex that I own. I paid $165k for it in 2011. My FHA MIP is just a hair unde...
Eric Dekker
Any thoughts on early paying the mortgage on a BRRRR?
I have a new Rental property that I BRRRRed and is cash flowing relatively well. There is no early payment penalty on the loan. An extra $100/month would equate to the loan being paid off 7 years earlier and $27k in i...
John Underwood
Finally, Airbnb has added an option for pet fees!
I have asked Airbnb for years to add pet fees so that they can be inclusive to families with pets. Vrbo has had this from the beginning of time that I have been using them.Now your guest can just select this upfront. ...
T Pellin
Payoff advice needed
Hoping to pick your brains about the best course of action here.$135,000 remaining on Primary home @ 3.75%$165,000 remaining on Investment property @ 4.25%Both properties are in North Carolina. Investment property is...
Vik Ari
Making extra mortgage principal
How does making an extra say $1000 towards mortgage principal affect the mortgage? For example if I pay an extra $1000 on the 15th, would that reduce the amount of interest I pay next month since my mortgage balance i...
Cindy Joseph
First time land lord- need advice on rent/income ratio and let fee
I have a middle aged guy with a disabled son (wheelchair) who wants to move in our unit. Rent is 1900 and his gross monthly is 4000. He does have 100k in the bank. Would you consider this remnant? I’m in Melbourne FL ...
Neil Masincupp
Pay off Rentals or Invest in Equities
Looking for some insight and any angles I may be missing. I have 5 properties with financing. I owe ~475K between them and the interest rates vary from 4.35 to 4.75%
I am trying to work out if I would be bettrer of...
Paul Armstrong
New Prospect Investor Looking for some advice from a Senior Investor
My name is Paul Armstrong I am a Traveling ICU nurse and have a strong drive and interest to move into the real estate investing world. I currently have a large DTI ratio and want to start applying this to long term w...
Amanda Thompson
Sneaking in an extra pet
I have brand new tenants who apparently snuck in an extra cat. I was clear when we met that we have a 2 pet maximum. It's also stated more than once in the lease, and they have a pet addendum. My maintenance guy told ...
Casey Lance
Filing taxes with an LLC?
I was not sure where to place this post, so feel free to move it if necessary. My apologies in advance.
I have an RV park that has been running for 3 years and I have been filing taxes under my name, and just runnin...