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11 April 2024 | 10 replies
Any advice on how should I proceed to get my 50% down payment back?
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11 April 2024 | 6 replies
The tenant then stopped payment on the security deposit.Should I contact AMHA first to inform them about the situation?
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11 April 2024 | 2 replies
You are supposed to estimate what you might end up owing the IRS when your taxes are finally done and make this payment on April 15th, preferably here on the IRS website.
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9 April 2024 | 5 replies
The tenant called me to explain that she has a medical issue and cannot pay next month's rent on time. Later, she informed me that she is unable to work and, as a result, can only pay some portion of the rent until th...
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11 April 2024 | 3 replies
The market here is obviously tough (and we'd like to invest here or nearby for several reasons), but we have heard about second home loans that have more favorable down payment and interest options which could increase our buying power and allow us to cast a wider net during our property search.Understably this type of product would have to pass the sniff test.
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10 April 2024 | 1 reply
Expect to pay a few points higher from alternative lenders and less frequently will those loans be adjustable where you can benefit from the fed cutting rates.
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11 April 2024 | 2 replies
Monthly income is around 7800 and rent payment is 3200 a month.
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11 April 2024 | 3 replies
On top of the 8 months I would need another year or so to save approx. 30k for a down payment on the second property.
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11 April 2024 | 40 replies
My plan is to pay cash and wait until interest rate improves, then refinance and pull out $150k for a down payment on a second property.
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12 April 2024 | 22 replies
You also want a personal guarantee rider on your loan, a balloon payment rider, and any other riders your attorney deems necessary to keep you and your funds protected.Of the purchase price, rehab, and holding costs, how much cash is the borrower putting in?