Hello, I am thinking of getting equity out of a paid-for rental and use it as a downpayment for another rental. Someone told me that when you do not use the loan to buy, improve the property you borrowed money from, ...
It's nice to see that some of our Constitutional Rights have been restored since W left office...
Here's a great example...
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Closed on it today, it's a 2 bed 1 bath in Portsmouth, VA. Purchased it for $30,000, after closing costs it was $31,650.15. Planning on placing a tenant buyer in there for $975 a month. Taxes and insurance will set me...
So, I actually try to respond to the yellow letters I receive. I figure that everything is for sale if the price is right and it's always nice to form a connection with a someone in the same market. But my goodness fo...
Considering a move to Seattle and or surrounding suburbs. Initially was looking for a corporate job, so being close to Seattle was important. Now will be starting a business, so proximity to downtown Seattle isn’t as ...
If you own a rental property, it’s YOUR responsibility to provide a safe environment for tenants. This starts with things like tenant screening, security upgrades, and most importantly, acting swiftly when a resident ...
Hello,I am establishing an LLC to house my first rental property and I need to open a business account for housing all the rental related transactions. I operate on Airbnb, FF, and through a direct booking site, so I ...
Hello, So, I've been hearing people say that you can have lenders give you $50k and so on. Since lenders would most likely want to be senior lien holders, how does this make sense? If someone were to give you $50k to ...
Several threads asking about seller financing as the seller, what should you look for or consider as the buyer?
Let's start with a question to the seller, why do you want to be the bank?
Your due diligence about the...
Getting ready to start my real-estate investing journey but trying to get my questions and concerns answered before I start. So this is a very elementary question (sorry)! If you use the BRRR method of investing for b...