17 July 2018 | 0 replies
I have a client that is interested in purchasing a large estate to use as an assisted living facility, but they aren't currently able to swing the down payment.
23 July 2018 | 10 replies
As far as her grandpa and dad go I'm planning to have them help me with my down payment and then add value, and refi out.
26 July 2018 | 17 replies
There's a reason credit cards can't be used as down payments and the reason is that lenders want you to have skin in the game.
10 August 2018 | 8 replies
At best, you should hope to break even after mortgage payment and owner-paid utilities.
20 July 2018 | 17 replies
That on top of the escrowed payment of 1 year of property taxes and insurance upfront (which was not disclosed to me, until I got a loan estimate) has also increased the down payment by $7,500.
18 July 2018 | 5 replies
I'd recommend paying down as much debt as you can as it's a guaranteed return and gives you flexibility once the payments are gone.
17 July 2018 | 0 replies
It’s a four plex and the garage is being rented out as storage to non-live-in tenants.
24 July 2018 | 6 replies
I'll drop by the thread & drop my $.02 Much appreciated, a well informed 2 cents is the most valuable part of any down payment!
27 July 2018 | 13 replies
whats your preferred method for collecting payment?
19 July 2018 | 8 replies
This doesn't seem to be too unreasonable, especially if you secure debt with a 10 year balloon payment.