Antonio Evans
This stuff is very hard for me (Investment Stories?)
Im 25, 35k a year. 60,000 (25k car 35k student loans) in debt. I work for my capital. Parents don't help me live. My main purpose into educating myself about finances is to build wealth. I want to be a very wealthy pe...
Jonathan Joyce
Payoff HELOAN used to buy rentals?
Any advice here appreciated. In the last few years I took out a HELOC on my primary residence, used the funds for the down payment on two investment properties, then refinanced the HELOC into a 30 year loan (7/1 ARM) ...
Tony Velez
Late rents ugh. Please help!
We closed on a triplex in March. The old landlord informed us the first floor tenant is always late but always pays. I don't like the fact that he's late all the time. It's now March 9... He texted me and said he shou...
Justin Lee
Primary Residence Refi to a heloc
Hi,
I want to pay off my current mortgage balance and open a HELOC to do so. Is this possible?
Ex. Open Heloc to pay off the first mortgage and utilize the rest as a resource to fund other deals.
Jay Trott
Rookie advice for first time rental property
My wife and I (newlyweds) are looking to purchase our first rental property in Victoria County. What is the minimum amount of money that you would ideally like to have in savings after putting down a 12-15% down payme...
Bart Lucas
Refinance question for investment property
We purchased our first investment property, a 2/1 house for $80,000. We put $20,000 of our money down and financed the rest for 30 years @ 4.75% with a payment of $450. Then took out a HELOC against our primary reside...
Henry J.
My out of state experience sharing (DFW)
We just sold one of our Dallas properties after holding it for 4.5 years. The last 2 years had been painful - with on going repairs, horrible tenant with late payments and pets that pee'd on the carpet... After the ...
Gracy Josh
Cancelling the Lease within a wekk
We found a tenant to our single family house in GA, and completed all the formalities like Lease Contract signed, Move in check list completed and signed, Keys handed over to them and all the utilities changed to t...
Ali Barry
How To Secure Rehab Funding When Buying Owner Finance Deals?
Hello,I will be acquiring a 2 unit building using owner finance soon here in IL. Here are the details. PP: 147k Down Payment: $0 Monthly Payment: $1,200 Term: 36 Months Interest: 0% Balloon Payment $103,000.The repair...
Mark Hu
tax impound account abuse?
Our lender is impounding money for our property tax bill on our new condo. I've been checking up on them, and was recently astounded when they told us they would not be paying our supplemental tax bill (the difference...