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 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...
I'm sitting here at the Honda dealership waiting for the oil to get changed in my wife's minvan and I decided intead of reading the latest issue of USA today...I would do something that will help you make money....
I...
My wife and I want to get into flipping houses. We are thinking about buying a fixer upper that we can stay in while we remodel it.We live in Houston, TX/Galveston, TX area and have 15K in cash, so we'll need a loan t...