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27 January 2020 | 3 replies
If the ex wife is not paying the taxes, what else is she not paying... meaning a good title search for outstanding liens should be done first before proceeding.
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27 January 2020 | 0 replies
Rental income has been outstanding ($400 mortgage and $1750 rent)...Now I'm refi'ing to pull out $100k for my next deal.
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28 January 2020 | 13 replies
I would say it's in-line with the surrounding area as well.Mortgage interest paid(year) - (interest paid) - (outstanding mortgage principal)2019 - $7,233.55 (175,077.22)2018 - 6,891.92 (180,120.01)2017 - 7,081.24 (184,835.33)Current principal balance (169,041.00)I'm not really sure why 2019 interest spiked +$341.55 but that is something I am going to look in to because that shouldn't be the case.
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24 February 2020 | 5 replies
The loan requirements are the same as a traditional FHA loan underwriting (owner occ, 3.5% down at 580 credit or better, Mortgage Insurance, etc) except you can use up to 75% of the rent roll to lower your DTI ratio, and you cannot have any existing FHA loans outstanding unless 100 miles away from subject property.The 203K loan has a lot of upside but is quite cumbersome to navigate.
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27 February 2020 | 8 replies
Our weather is amazing, the people are outstanding and the food is the best in the world.
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26 February 2020 | 7 replies
People have been talking about a "crash" for years now, and wise folks who bought anyway have now enjoyed that many years of outstanding appreciation in Denver, while tenants are paying down their loan principals.
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26 February 2020 | 13 replies
Tenants still aren’t of the best class, but cash flow is outstanding there.
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3 March 2020 | 8 replies
A neighbor complained and the local police and state police arrested and removed him due to another outstanding warrant.
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3 March 2020 | 2 replies
Since then, I've paid $550 in fees, and probably accrued over $1200 in additional taxes (total probably ~$3200 outstanding).
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15 April 2020 | 24 replies
Fortunately, there're many other outstanding tax pros who you can find here, including the 3 of my colleagues who replied earlier.