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6 April 2024 | 4 replies
I don't even clear enough for the mortgage of $1200 most months, and the home was already remodled before I left.
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5 April 2024 | 1 reply
Go through your local SBA and/or government websites to obtain the proper documentation and do it yourself.
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5 April 2024 | 6 replies
mortgage all in is $2600 / month and a conservative rental estimate is $3700-$3900.The tricky thing is my wife will move first, and I will follow her about 3 months later.
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5 April 2024 | 1 reply
I've been paying escrow+mortgage on rentals since 2015 and never had this happen to me.Details:Mortgage company does an escrow analysis and finds the following:2023 Taxes $1648 + Insurance $1634 = Total: $3282New Escrow for 2024Taxes $2331 + Insurance $1918 = NEW TOTAL: $4250- With increased tax and insurance I owe $968 more on escrow.- $968 difference paid out over 12 months would be $80.60 per month MORE.The mortgage company is claiming that I owe $3,000 MORE in escrow and is charging me an additional $250 per month.I checked with them and I've NEVER missed a payment and have been up to date this whole time.They say its not a mistake but couldn't explain why I owed $3000 more instead of $968 more for the year.Am I missing something?
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3 April 2024 | 2 replies
From my understanding, your child could buy property/ hold mortgage for you to live in.
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6 April 2024 | 17 replies
Penalties, outstanding mortgage balances, liens, judgements, etc... paid in full.
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5 April 2024 | 8 replies
It may be more money/effort upfront but could save you a lot of heartache and money in the long run if you take the time to properly screen your prospective tenants.
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3 April 2024 | 24 replies
So I don't want to max out my mortgage payments.But again - goals.
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4 April 2024 | 3 replies
Hi All, Does anyone in California have a shortened purchase contract with all of the proper disclosures used specifically for the purposes of wholesaling or do most wholesaler’s here use the full psa?
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5 April 2024 | 7 replies
At the opposite end there are Class C & D properties that have higher rates of nonpayment and PMC has to charge owner.Inspection Fee: these used to be included in Monthly Fee, but as owners have pushed Monthly Fee down, many PMCs have compensated by charging for these.Most owners fail to understand the amount of time it takes a PMC to properly manage their property(s).