
28 January 2025 | 2 replies
Bank pushed us to 40% down payment so also executed a $85K seller carry-back loan to cross the finish line.

11 January 2025 | 8 replies
@Summer Shelton yes, FHA loans do allow this but make sure you speak with your lender about some of the trip ups from these loans.

10 January 2025 | 1 reply
What type of loan is this?

24 February 2025 | 72 replies
-Booking.com is a very large and established company that has been around much longer than airbnb and vrboCons:-more listings to make sure are all staying maintained assuming you are also on airbnb and vrbo-you have to pay them their commission back at the end of each month which is a pain in the a** and is an unnecessary extra step-payouts can take longer as you mentioned-it has been impossible for me to find anyway to contact customer service over the phone and instead you have to refer to their forums and FAQs for any answers you need.Hope you found this helpful.

3 February 2025 | 5 replies
And addressing my item #1 comment, almost always, when a "distressed" homeowner is approached, they initially are grateful to have the loan brought current, but before long they forget the circumstances they were in and you become the bad guy that stole their house.

22 January 2025 | 14 replies
Even 600k loan at 10% interest costs $165 a day.

22 January 2025 | 0 replies
Unlike refinancing, which involves taking out a new loan, recasting keeps your existing loan terms—including your interest rate and loan duration—intact.

13 February 2025 | 22 replies
Cash flow is defined as the money left over after paying for all expenses, including setting aside a certain amount to cover projected expenses like maintenance, vacancies, or capital expenditures.EXAMPLE:Property Price: $250,000Down Payment (25%): $62,500Loan Amount: $187,500Interest Rate: 6.5%Loan Term: 30 yearsMonthly Mortgage Payment: $1,185Monthly ExpensesMortgage Payment: $1,185Property Taxes: $250Insurance: $100Maintenance (10% of rent): $250Vacancy and CapEx (20% of rent): $500Rental IncomeMonthly Rent: $2,500Total Expenses: $2,285Cash FlowNet Cash Flow: $215 per month 💰However, there are many other factors to consider.

22 January 2025 | 2 replies
Just sell and pay off that loan or two.

4 February 2025 | 3 replies
I have a few companies I work with to lease units for their workers and I don't want to charge them fees - and I certainly don't want to auto email them anything.