20 January 2020 | 1 reply
I'd suggest breaking things down a little bit, especially why it is so important for your parents to 'own' a home which is definitely a liability, however it may mean some security.
20 January 2020 | 15 replies
A HELOC can be revoked/withdrawn if the bank feels like the situation has changed sufficiently to where the loan amount would be less secured.
20 January 2020 | 13 replies
It's giving a tenant security that they shouldn't have when they do not have the money to buy the property and won't in the near future.
17 August 2020 | 4 replies
Occasionally we have homeless people living in the basement and limited security to the tenants.
20 January 2020 | 2 replies
For me, and many others, this is not possible so another mitigation technique is to only buy great deals.
21 January 2020 | 10 replies
Depending on the situation, I may consider forgiving some past due rent, or paying security deposit in cash on the way out, in exchange for leaving the unit clean and damage free.
26 January 2020 | 13 replies
These cracks are purely cosmetic and don't waste any significant level of energy or pose any security risks.
22 January 2020 | 6 replies
The part that was attractive to me about this loan is that you can still do an fha purchase down the road and secure another property with a loan downpayment.
23 January 2020 | 38 replies
Two year leases give security to the tenant, not the landlord as you are finding out.
22 January 2020 | 14 replies
Unless the tax savings is large and secure (cannot simply be challenged to lose them), I would want a new cost basis.