Hemanth Chakravarthy Mudduluru
A Condo in Walled Lake city center - High potential for long term rental income
16 March 2024 | 2 replies
yes you can get financing for non-warrantable condos but it will be some bank/CU that holds their own mortgages in house and allows that.
Aneesh Nainani
Land Trust - JADU owner occupancy
15 March 2024 | 6 replies
“If you wish to move away from your property built with a JADU but still retains ownership of the property, the JADU can no longer exist.
James Park
Subject to, but small loan - what to do?
14 March 2024 | 7 replies
Hi all,I've purchased properties subject to, and I understand how it works.I am currently looking at a deal where the sales price is $290K and there is an existing loan for $150K.
Rick L.
Buying outright vs leveraging - Help a new member out!!
16 March 2024 | 8 replies
Investors make money by leveraging money.Would you rather have 5% annual appreciation on one property worth $100k or 4 properties with mortgages worth $400k?
Isaiah Thelwell
Seasoning periods for Refinance?
14 March 2024 | 18 replies
Most mortgage originators sell their mortgages to Fanny/Freddy and so follow their guidelines.
Brandon Workman
I would appreciate advice on next steps from experienced investors.
14 March 2024 | 5 replies
It would allow you to get some of that cash out, you could use that to invest, and it sounds like your existing cash flow could still cover everything.
Juan David Maldonado
New San Antonio Real Estate Investor
15 March 2024 | 4 replies
Along with the FHA loan, check out the loan from the Neighborhood Assistance Corporation of America (NACA).NACA was formed in 1988 and provides an affordable option for potential first-time buyers:✅ No down payment✅ No closing costs or fees✅ No mortgage insurance✅ No consideration of credit score✅ Below market fixed interest rateThere are several requirements to be eligible, starting with attending one of their workshops.https://www.naca.comI wish you all the best.
David Williams
Build property in Seattle area to escape bidding wars?
15 March 2024 | 6 replies
I think that you would learn a lot and wouldn't get hurt too badly, but I do not think you'd wind up in a financially advantageous position to buying an existing home.
AJ Wong
The AirBnB 'Bust' will soon be a Boom.
14 March 2024 | 24 replies
Without question the Pandemic fueled activity and mortgage rates drove investment and inventory of STR's and vacation rentals for rent up in many destination markets.
Veeru Rao
After the fact - New Investment
14 March 2024 | 13 replies
On the other property, rent doesn't cover the mortgage.