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26 December 2024 | 7 replies
Subtract more for AirBnB charges, local management, repairs, cleaning, etc and there is not a lot left to pay the mortgage.
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20 December 2024 | 3 replies
Received access to mortgage portal to ensure all payments are made (including escrow).Anything else here I should do or not do if acquiring for the long-term?
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20 December 2024 | 8 replies
You technically do not have to replace the mortgage.
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10 December 2024 | 4 replies
Quote from @Pete Tarin: How does one go about assuming someone's mortgage with a better interest rate when purchasing a property?
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2 January 2025 | 37 replies
They do exist.
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18 December 2024 | 3 replies
In fact, during my short stint as an aspiring BRRRR investor, I successfully secured a pre-approval for a private money loan based on my net worth.Now that I’ve shifted to land investing, I’m wondering: Do private or hard money lenders exist specifically for land flips?
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11 December 2024 | 10 replies
So, if the value of your home is $775,000, then 80% = $620,000.That's first.That $620,000 represents the MAXIMUM mortgage amount.
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23 December 2024 | 7 replies
Along with that you purchased at a decent price, cheap rates so your mortgage should not be expensive.
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19 December 2024 | 2 replies
Louis Fed shows the delinquency rate on residential single-family mortgages, and proves there's a way to spin this data to show that delinquencies are increasing rapidly.
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20 December 2024 | 9 replies
The mortgage has gotten out of hand due to property tax increases, miscalculated escrow, and an increase in my interest rate from an initial buy down, increasing from $2600/mo to $3200/mo.