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Results (10,000+)
Will Quinn Converting Rental to Home California
5 July 2024 | 3 replies
Consider factors like neighborhood, school districts, and proximity to amenities.Financing and Mortgage Considerations:Investment Property Mortgage: Understand that an investment property mortgage may have higher interest rates and require a larger down payment compared to a primary residence mortgage.Future Refinance: Consider the possibility of refinancing the property when you decide to move in, potentially lowering your interest rate and monthly payments.Loan Types: Look into loan types that might offer favorable terms for investment properties, such as conventional loans or FHA loans if the property meets the criteria.Rental Management:Long-Term vs.
Andrew Lax Dodd Frank 3 Property exception
5 July 2024 | 2 replies
Also some states do not allow you to seller finance if you have an existing mortgage - others require the sales price to be above the existing loan and cannot mature before the existing loan.Definitely need to get an attorney involved who handles state compliance
Ivan Aldana Dealing with bad contractors
7 July 2024 | 42 replies
Finally, I had to cut ties with the original contractor, get him to leave the house, change locks, put internet, surveillance systems, cameras and blocked him. 
Jenny Cunningham To all the female investors!!!
9 July 2024 | 197 replies
(Because they are another woman demanding attention/time/things from the hubbies, which the wives don't like)So good on you for using a lady loan originator!
Amy Crowther Creative financing option
5 July 2024 | 5 replies
If there is an existing mortgage in your name it should be disclosed that your name will stay on the loan for possibly a very long time. 
Amy Lemaistre Contractor not signing lien waiver even though he’s been paid
3 July 2024 | 6 replies
If there is still a payment left then I would as Jay mentions not give final payment until the final lien waiver has been signed.
Joey Morgan Help with writing a "subject to" offer
3 July 2024 | 6 replies
These conditions typically protect the buyer and ensure certain requirements are met before finalizing the sale.Contingencies to Consider:- Financing Contingency: Specify that the purchase is subject to the buyer obtaining satisfactory financing.
Long Bui Looking for some insights of how Rochester NY market housing is lately.
5 July 2024 | 2 replies
All input would be appreciated, btw I am using DSCR loan, with 20% down and interest is about 8% a piece with credit about 695, so Lenders welcome to join in this post.
Billy Houston Loan types and how they fit into investing
2 July 2024 | 10 replies
A DSCR loan, which stands for Debt Service Coverage Ratio loan, is a long-term loan that uses rental income to qualify instead of DTI (Debt-to-Income ratio).
Anthony Williams First Investment Property
5 July 2024 | 1 reply
Investment Info:Large multi-family (5+ units) private money loan investment in Harker Heights.