Chris Bingham
Two approaches to increasing the rent
I often give new tenants the option of month to month, 6 month, or 12 month leases. Many people have suggested providing a letter with multiple options when renewing a lease (which I have done a few times) with differ...
Santosh Prabakar
Investment Property - Cash out
Hello,I have an investment property in cedar park, TX which I bought couple of years back with cash. I would like to pull $100K from the property to address some urgent items. I was told TX doesn't allow HELOC on inve...
DaVina Williams
Best Rehab Financing Strategy
Acquired my 1st Investment Prop. It needs some work & I’m trying to choose the best financing strategy. Hard money? Small Business loan? It is held by my LLC so I’ve been told that a HELOC is not an option as i...
Greg P.
Seller backing out of a deal after receving Earnest Money?
Hello all. I'm writing this post because we recently put a property under contract with earnest money down. The seller calls me today and tells me a total BS excuse on why he is backing out of the deal. He says he ...
Christian Sifuentes
Introduction Maryland market for new investor
My name is Christian Sifuentes. I am interested in learning about real estate markets, trends, etc. I am also interested in flipping properties and creating a decent revenue stream for my myself and my family.
Curtis Naugle
Found a house can find a loan
I just started looking for potential investments on an auction site and found a potential investment but I can't seem to find any qualifying loans. every lender that I have called said they don't provide 203k loans Fr...
Guevara M.
Lending For First Rehabb/Flip
My wife and I have been discussing taking on a flip sometime in the near future if possible. How does the lending process go if I don't have enough capital to purchase it with cash? Let's say I found a deal to where...
Brent Tice
Transfer properties to another LLC
I would like to transfer some properties in one LLC to another. A Title company told me I can transfer properties from one LLC to another by paying a 3% transfer fee + document preparation fees. Option #2 which is les...
Charles P
land contract
im renting a house and the owner wants to sell it to me. I don't have good credit or a down payment. He mentioned a all inclusive trust deed or a land contract, but his fear is that his lender can trigger the due on s...
Laith S.
Lease renewal terms
Hi everybody,I have a question about extending a house lease. Usually the tenants extends the lease for a year but this year they are asking to extend the lease for 6 months because they might buy a house. They gave m...