Nick Zias
In which ways can you pay back private money lender?
9 November 2017 | 24 replies
If it's residential then your equity won't change until you pay down the mortgage and/or the property appreciates.
Ryan Ellis
Tampa Area Mortgage Broker Familiar With Lease Options
10 October 2016 | 4 replies
Recently moved to Florida and am setting up shop :)I'm looking for a Tampa (or Brandon) mortgage broker who really understands lease options.
Sandy Uhlmann
Owner Financing Addendum
5 December 2019 | 5 replies
Does anyone have any advice on how to find a mortgage loan originator in Missouri?
Brad Irwin
First option mortgage
6 October 2016 | 0 replies
Has anyone ever worked with this mortgage company before?
Brad Irwin
First Option Mortgage
6 October 2016 | 0 replies
Has anyone ever worked with this mortgage company before?
Len Roche
Interest Rate Advice: Big vs Little Guys
7 October 2016 | 5 replies
How should I cast the net with my mortgage search among the different banks I have access too?
Jacob M.
Does 50% rule work in Texas / Houston?
23 October 2016 | 9 replies
Do these number Monthly Gross Rents $ 4200Monthly Expenses Vacancy $ 336 (8%); (including here since 50% rule includes vacancy as part of expense) Prop Mgmt $420 (10% of gross rents) Insurance $208 ($2500 yearly; quoted by insurance agent) Prop Taxes $680 (2.9%/year of assessed value; actuals; eats up 15% of gross rents) HOA fees $330 Maint Reserves: $420 (10% of gross rents) Maint/Repairs $84 (5% of gross rents)Total Expenses : $2478 (59% of gross rents) NOI: $1722 Mortgage: $1215 (25% down @ 5% interest)Approx Cash Flow: $507/month (about $125/unit)Cash-on-Cash: 7.2% (Assumes 25% down + 3% closing costs as initial cash requirement)Thanks,Jacob
John McAuley
Can my Solo 401k sell a house to another LLC I own?
29 May 2017 | 8 replies
What if you rolled over your solo 401k into an IRA, took out a mortgage on the property under the LLC, and then put the funds into a new solo 401k?
Brian Faust
Questions on House Hacking a Multi, 203k Financing
6 October 2016 | 1 reply
Typically, this is an obvious no-go, but since I'd be living in the SFH, I'm looking at it as if that is my mortgage/rent payment until I can refinance.
Cody Barrett
1st seller finance offer. Need some help
7 October 2016 | 2 replies
Rental income from a property acquired earlier in the same tax year can in fact be considered for vanilla Fannie loans.Relevant link to FannieMae.com on the subject.Warrants linking here: How Lender Overlays Prevent Mortgages.