All Forum Posts by: Lynshy Henry

The appraisal was done in November. I have it on email myself. 

Any lenders in the area that will use an existing appraisal the current lender I am using is not good I need to go another route

is it worth to use a property manager while working a full time job?

The money you pay the property manager can you claim that when you file your taxes?

rhanks!

@Ingrid J. goal is to have passive income coming from real estate. I feel as though rent is monthly profit. When selling you have to wait and hope for a buyer. Thoughts??

If you have a rental property and have the deed, and want to pull the money out by getting a mortgage. Will you still be able to get another mortgage for a personal property for you and your family to live in??

Also would it be better to get a LLC for the rental property? Would that make it easier for the first question?

how would you know if you should flip your property or rent it out?

After purchasing a property in full. What would be the best route to getting the money out of it to continue to invest? mortgage on the home or a home equity loan?

I currently was in the same situation between a duplex and a single home. I do closing on the duplex in two weeks. Two incomes always better than one!

Which is the best way to purchase a property. By buying a foreclosed home for a cheap amount or a property in good condition with a mortgage? 

I took a line of credit for 25,000 and I need some advice.