Sean Haardt
Bank changed down payment requirements twice.
15 August 2018 | 1 reply
The bank has changed their down payment requirements on us twice due to errors on their part.
Maurice Lambert
Can someone help me understand seller financing
16 August 2018 | 1 reply
You have an attorney prepare a mortgage and note with whatever payment terms are agreed upon and close.
Tony Nguyen
Foreclosure! Hampton roads Virgina Area
17 August 2018 | 3 replies
Ran the numbers if it was just going the one occuppant with all the insurance and a down payment of $10k Cash flow is low - $73/m but that is based off one occupant @ $1850/mCap rate is around 9.6%And COC is around 8.7%If the other is rented out then number change but trying to be conservative.Is this a good deal or bad?
Tony Nguyen
New hello need some mentoring
15 August 2018 | 8 replies
Ran the numbers if it was just going the one occuppant with all the insurance and a down payment of $10k Cash flow is low - $73/m but that is based off one occupant @ $1850/mCap rate is around 9.6%And COC is around 8.7%If the other is rented out then number change but trying to be conservative.Is this a good deal or bad?
Jose Pena
Weird location, is it still a deal?
29 August 2018 | 8 replies
If so at a 4.5 interest rate your payment is about $370ish.
Greg Wright
Working on IRA property
17 August 2018 | 19 replies
If you look at some of the over-contribution cases (such as Summa Holdings) the IRS attached a value to what they viewed as over-contributions (payments by the IRA owner/affiliated entities for "services" provided by an IRA-owned entity in the case of Summa).
Amadeus Hladun
BRRRR Refinance Step Help
16 August 2018 | 8 replies
I know that it is pretty straight forward but I think I am overcomplicating it.So lets just say $250,000 is the purchase price with down payment of $50,000, $50,000 is the rehab cost, when done it would sell for $450,000.
Neil Quinn
Current renter. Given market conditions, what would you do?
15 August 2018 | 1 reply
You can always do a low down payment conventional loan, and do a lump sum recast later on to bring down your payment later if you want.
Manny K.
Unconditional Quit Notice for other (non-rent) violations?
15 August 2018 | 1 reply
If he doesnt pay Sept rent, I file eviction in early Sept for non-payment.
Daniel Tisdale
Rental Property Partnership Structure
15 August 2018 | 2 replies
Hi,I'm a newbie real estate investor and I'm looking for some guidance on how to structure my partnership on a rental property with my brother.A little background on the situation:Myself and my brother will be partnering on the down payment for a SFRThe mortgage on the property will be solely in my nameI will be putting in a greater amount of the down payment, so I want to structure the terms of the deal, so that I own a higher percentage of the deal.