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All Forum Posts by: Dany Kao

Dany Kao has started 6 posts and replied 31 times.

Post: ADT alarm system

Dany KaoPosted
  • Posts 31
  • Votes 7

Unfortunately, I’m locked into a 2 year contract. I will probably disable it in the mean time. Let see if they allow that. Thank  you for everyone inputs. 

Post: ADT alarm system

Dany KaoPosted
  • Posts 31
  • Votes 7

Hi, 

I purchase my home and got ADT alarm for it. Due to work reason I have to rent it out. I’m going to rent it out as midterm rental or month to month with it furnished. How do I deal with the alarm system. Should I disarm it and not let the tenant use or do I let them use by giving them the code? I’m thinking of just disarm it so there will be no issue. I also have camera in the backyard , from yard and at the door. Please let me know how you guys deal with this. 

Post: Midterm rental on secondary home

Dany KaoPosted
  • Posts 31
  • Votes 7

Thanks Jamie for the information. I will definitely stay there for the first month or so when I purchase one as well. 

Post: Midterm rental on secondary home

Dany KaoPosted
  • Posts 31
  • Votes 7

Hi , is it possible to purchase a secondary home and do midterm rental on it or does it needs to be short term rental only. Also , can you hire a property manager to manage the rental when you are not living there? 

Thank you I will call them and see

Thank you for the info

Quote from @Stacy Raskin:

What state is your property in?


 California 

Quote from @Stacy Raskin:

What state is your property in?


 My state is CA

Quote from @Dale Nesmith:

@Dany Kao

Signature Credit Union in Virginia does them in all states.

They lend 75% LTV on Investment properties. They do 100% on Primary.

They’re very easy to work with.

Approved mine on my primary in 21 days after another Credit Union told me No after stalling for 45 days.

Navy Federal does them too I’ve read online. I don’t know about there service.

Thank you. Do they do Heloc on 2nd lien? I heard most bank and credit union who do provide Heloc on investment property  only do it on 1st lien.
Quote from @Devin Peterson:

Hi Dany,

Yes, you can do this - I can connect you to someone. Send me a PM

Thank you