All Forum Posts by: Prashant Sheth
Prashant Sheth has started 24 posts and replied 72 times.
Post: House hacking - FHA Cashout/heloan/heloc?

- Rental Property Investor
- Posts 75
- Votes 19
Quote from @Gabriel Watts:
How much equity do you have in the home? What's your mortgage balance and what is your property going to appraise for
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Post: House hacking - FHA Cashout/heloan/heloc?

- Rental Property Investor
- Posts 75
- Votes 19
Hi
I’m renting my primary home and have a good homestead exemption that I don’t want to lose. I’m looking to access my equity here.
As a background I took the last couple years off to take of my dad as he was close to end of life. As such I don’t have a w2 income. The rental income supports the ability to have a bigger payment. How do I best go about this?
Post: Gap Lenders for a fix and flip?

- Rental Property Investor
- Posts 75
- Votes 19
Hi
is there a list of Qualified Gap Lenders available? Or how does one find that particular type of lending?
Post: No doc Heloc in texas?

- Rental Property Investor
- Posts 75
- Votes 19
Hey team
I know the rules for heloc/heloans in texas are stringent, but is there anyone offering a low doc heloc/heloan in texas on primary?
thanks in advance;-)
Post: How to evict?

- Rental Property Investor
- Posts 75
- Votes 19
Quote from @Vernon Martin:
This past March I bought my first rental property.
I'm not sure how to go about evicting tenants. I thought Bigger Pockets used to have eviction forms available, have they discontinued that?
I could use some help as to how it is done.
I would just do a search for the county website each state is a little different Here’s what I found - https://www.linncountyiowa.gov...
Post: Tenant left stuff on curb?

- Rental Property Investor
- Posts 75
- Votes 19
So I had a tenant move out and our agreement was to clean the house. He did and left stuff on the curb for city to pick up. The city doesn’t do large furniture collection and I have to get someone to haul that away.
Can that cost be taken out of the deposit? Or is it on me since it’s out of the house.
This is for a house in Texas
Thanks
Post: Zoning question : SF3 --> MF 4?

- Rental Property Investor
- Posts 75
- Votes 19
Any particular department or just the zoning?
Thanks @Jordan Moorhead
Post: Zoning question : SF3 --> MF 4?

- Rental Property Investor
- Posts 75
- Votes 19
I'm looking to see if in the NACA area of Austin its possible to convert the zoning from SF3 to MF4 so we can add units on a deep lot of a duplex. The intention is to increase access to affordable housing here. How does one go about doing this? The duplex is on a 9800 sq ft lot here.
Thanks in advance for your response!
Post: Zoning Question - Austin, TX (SF-3 --> MF-4 possible?

- Rental Property Investor
- Posts 75
- Votes 19
@Chris Schorre I'm looking for similar information, but up in the NACA area, do you know how the city code has been implemented yet? Would love to connect Thanks!
Post: Is a partner buying property into same LLC considered purchase?

- Rental Property Investor
- Posts 75
- Votes 19
Perfect. Thanks :-)