All Forum Posts by: Christopher Roy

FHA guidelines changed, PMI remains for the entire loan duration now. Hope this helps.

No factual numbers, no offer. Usually just have to sign a CA to obtain the numbers.

Rad Tech is a 2 year degree, basically which is Monday-Friday 8am-5pm, how will you support yourself during this time? You wont be able to work a full time job. The total cost for schooling for this program at my local college is around 48k. Thats a good chunk of change to be in debt right out of the gate. Also, the market for this job is so saturated people are having a very hard time getting a career without a 4 year Rad degree attached. I am a career firefighter and debated doing the Rad Tech program for part time work, but in the end, after much research and talking with many people in the field, I decided that the length of time and amount of student loan debt would not be worth it.

This is a great site to learn alot, stay active and dont stray from your goal.

Hope this helps, goodluck.

Search the name, extensive threads about him already. Be careful giving your money to any "mentor".

6-8% is what Ive been looking at, I am in negotiations now with 7%, still cash flowing. 4% is great, i'd jump on it.

With the passage of I-502 in the 2012 Washington State election, marijuana is legal for recreational use. The only law she is breaking, assuming she doesn't have her license to grow, is growing one plant in the home. Talk to her, tell her per state law it is illegal for her to grow within the home. Its a new law, maybe she doesn't know that? If she's a good tenant like you have said, hopefully talking to her about it will alleviate the problem. Goodluck

Not sure how I came across this in the "recent posts" section, just noticed the dates

Run the numbers yourself, I can almost guarantee the listing agent is bumping up those Cap Rate % rates to try and catch the dim witted. PA seems like a solid plan, remember a good property manager can make all the difference in the world. Check, double check and triple check. Goodluck!

Your amount of capital isn't a huge issue. You just need to stick your goal and keep striving to accomplish it. Creative financing is limited to your creativity, essentially with no money down you could obtain a rental. Ofcourse this is difficult, but it is doable. Don't give up! Don't sit back and "wait for the right time". Now is the right time!

If you never try you can never succeed.

You guys are great, thank you for all of the knowledgeable responses.

As long as there is a pattern. If the tenant is paying most of the rent by the due date and then the next week (following paycheck) paying the remaining balance plus the late fee, I wouldn't evict them. I would rather collect the late charge and have a tenant in there who is taking care of the place versus months of vacancy and possible horror tenants. Just my two cents