Alright guys so I finally committed and bought my first house! :) Closing was definitely a new experience- I am glad I was able to use the stuff I read about over the several years of analyzing. Now to my question - G...
Has anyone had good/bad experiences using "The Work Number" for employee verification? We usually ask for pay stubs and do not formally verify employment. But, we have a perspective tenant whose income we would like...
I wouldn't let a "real" tenant move in with partial rent, but should I let a roommate/tenant move in with partial rent?
This person wants to move in with only partial rent upfront.
Since they are a room...
I'm actively searching for my first multi-family property which I plan to have professionally managed. The market I'm shopping is solid (not hot, but solid) with good rent prices relative to purchase price with good ...
Hello BPers,One of my properties in Cleveland needs to have a fence replaced. Can anybody recommend an honest person/company who could do this work? My PM says it is 40 ft. Does anybody know about how much per foot it...
Am I able to get FHA financing for my first home if I am purchasing it through my Self Directed IRA?Does anyone have experience doing this?
Good evening! I have been in a partnership on a property and things are not working out with my partner. We have a commercial loan both guaranteed it personally. Do banks ever allow modifications to remove one partne...
Can you get delayed financing on a rental with no personal income (only rental income)?Example:Have no income Buy SF or MU home cashRehab home with cashRent home with enough to cover all expenses including estimated m...
From my experience, the banks will not give low rate mortgages under an LLC. How do I protect myself for properties that I have mortgages under my name? I can see transferring the deed for cash owned properties to an...
What are the benefits of putting my rentals (2 single family, 2 condos, 1 fourplex) under an LLC instead of just at my name? Any tax advantages? Other?Now I have an umbrella insurance policy; if I have an LLC, can I j...