Dawn Anastasi
Seller financing - recommended in general or not?
I have done two land contracts in the past before the whole Dodd-Frank legislation came up. One has worked out well and the other did not.I still feel that there are opportunities to provide win-win scenarios where I...
Taylor Ullmann
First Purchase - House hacking in Austin
Hi All, I have started looking around Austin for a place to live after graduation this spring. For the past four years at UT, I have been renting, paying +$850/mo to share a room in a five bedroom home near campus. S...
William H.
Selling my house. buyer wants me to carry a note. Help me out
So the house is worth $275,000 and the buyer, who happens to be a realtor wants to buy it, and get in quickly. She is having a tough time getting financing because she has been self employed for 1.5 years and not two....
Jennifer H.
Should I charge late fee on the first month?
Husband and I don't agree on whether or not we charge a late fee for the first time rent is due, let me know what you guys think.
We just had a lady move in on Feb 1st and this March 1st is the first time ren...
Karl McGarvey
Payoff a Vehicle or buy another rental!?
About to close on a refi of our personal property. Saving $250/mo plus getting about $12k cash back in closing. Current vehicle payment is $398/mo with about 9000 left to pay (2.5% interest rate).Initial thought is go...
Vedran Sehovic
Refinance (Cash Out) for Financing
Hello AllI have concrete issue at hand. I am looking to invest into a rental property (or multiple) and looking into financing options.I have 46k in savings and I also have the option of refinancing my current home an...
Abulele Woldulele
Should 1% be on asking price or on asking price minus down paymen
Hi guys,I have 3 questions about the 1% rule for rental properties. Is the 1% computed on the asking price or is it calculated on asking price minus down payment?Consider the following scenario:Asking price = selling ...
Roschelle McCoy
Placing judgment against prior tenant facing bankruptcy?
A prior tenant moved out quite abruptly in the middle of a lease period owing about $2K in back rent and lease break fees (specifically outlined in the lease). I've been communicating with the tenant over the past fe...
Brook Rieman
Owner financing terms
Hi there, my husband and I have found a small multi-family that we are interested in. It sounds like the owner might consider owner financing it. Can anyone share some insight on what terms would be appropriate? We b...
Sean Mcdonough
Need advice...please help.
I am starting out and I am using a HELOC to due so. the HELOC is only for 25,000. In my market there are plenty of options for positive cash flowing properties within the budget. My question is should I do the brrrr m...