Sean Calvillo
My plan for investing
Hello,I want to invest retirement funds for down payments on CT multi-famiIy homes (and single family if finances make sense) for the purpose of passive rental income. I plan on also using non-recourse financing so I ...
Account Closed
Definition of intent / proof
I have a rental that I will be moving in to next year. Consequently I would like to refinance with the current low rates. My tenant is still in the house so I will be stating to the lender that I intend to take occupa...
Christopher Nemlich
How to best stretch initial capital
Hi All,I’ve got about 200k to work with to begin my real estate portfolio. I’m trying not to get ahead of myself, but I also want to begin with a longer-term plan in mind. My local market is not conducive to investmen...
Lou Bar
Do different agency lenders have different pricing?
Do different agency lenders have different spreads and interest rates? Or if I go to one Fannie agency lender and they quote me 5.5%, will another Fannie agency lender quote me the same thing or do they have different...
Mark Langdon
Vacation 1week Rental: Short form Lease or Long Form
I have a vacation rental that I usually rent out in the summer for $ 3000/week. I used to use a Realtor but now just starting out using VRBR; HomeAway and other Internet sites to rent it as my Realtor didn't do the...
Aishah Amina
Contract and Title companies
Hey BP,What have you found best to do? 1. Bring the contract (agreement for sale) to the title company myself? 2. Allow the cash buyer to bring both contracts (the agreement for sale & agreement to sign) to their ...
Account Closed
Home Selling Frustration
Need to vent... I am selling a rental and had the deal fall through due to an amateur/poser investor. My agent was upfront with the need of a flexible closing date in January and had many interested parties but going...
Donovan Keim
Refinances and Purchasing as well as HELOC loans
Hello BPMy name is Donovan Keim, I am for all intensive purposes a "banker" (assistant manager) for Huntington National Bank in OHIO. I do not speak for the bank nor make any promises, however, if anyone is intereste...
Tim Greenfield
Duplex with 1 water line, splitting into 2 separate lines
I am in the process of buying a duplex in Cleveland Ohio. I have allocated $100 a month for water. This duplex only has 1 main water line to both locations. However the other utilities are separate. I would like to fo...
Paul B.
Basic tax facts for a certain income level?
I know that the best approach is to get a CPA to look at your personal tax situation and help you make the best decisions, and I will do that, but a little education on my own is worthwhile and will reduce the amount ...