Don't let your excitement and determination to get a deal funded blind you to the notorious red flags of so called Private Money Lenders. Believe me I know, I've dealt with enough PMLs to see the red flags before they...
I have a tenant whose lease I don't want to renew. He's not the worst possible - he pays his rent and doesn't live like a pig. But he is difficult, demanding, demeaning and causes me a lot of stress. This is a very n...
Hi All, I need another opinion/clarity about my closing costs. Home is a multifamily for $380k, conventional loan, bought 1 point and interest is 6.125. Initial closing cost estimate was $13.5k. Just received disclosu...
my husband gained employment for an apartment complex which included a discount on our rent here in sonoma county a year ago in august. he decided to seek employment elsewhere. When he gave his notice that he would be...
So I have been looking a wholesale properties to remodel and rent after. I was thinking about different ways to avoid the 6 month period in which one has to own the property for in order to refinance cash out. Here ar...
For those of you that have a Solo 401k with checkbook control, does your financial institution that holds the funds perform any reporting? For example, do they issue a 1099? My understanding is that the only rep...
I have a tenant who came by way of a temporary housing agency. Their son burned their house and the insurance company moved them into a hotel. The temp housing agency found my rental through Zillow and contacted me. I...
I wanted to know your thoughts on this. I was thinking of moving close to $200k from an old 401k account into SDIRA. I’m not much familiar with SD custodians. Only one I know is Speciaized trust company. Do they vary...
I recently purchased a rental property for cash with a short term unsecured loan because it was such a good deal(numbers below). I figured since I owned 100% equity in the house and I am only seeking 65% LTV I would h...
I purchased my first rental property a few months ago. It is a detached duplex with long term existing tenants. By long I mean the front unit lived there for 13 year, and the back unit lived there for 30 years! Th...