Ken McElroy is an outstanding example of an ordinary real estate investor who stayed with it through thick and thin to become successful and I'll listen to him as many times as you can get him to come on.If you could corner him into doing an 'intensive' on any subject related to the apartment biz that would be great too-

Working to see who can assist me in taking out additional equity and refi out of a FHA at a higher rate but the reduction in PMI can help me with the cash out to purchase another property.Our situations are not exactly the same, but to me it seems that a preliminary screening is done by the loan provider asking for the mortgage outstanding and the appraised value and credit score.Then look into the required LTV since a refi and cash out option can result in a higher interest rate and lower LTV requirements.Hope this helps.

Now buy repair and rent you can get outstanding ROI.

First if you depreciate to zero and you sell it subject to an outstanding mortgage you still must recapture the value of the total price including the mortgage amount.

If the initial lender allows one to be in title and not on the note, generally they still sign the deed of trust, but not everywhere so with the lender's consent your fine.A quit claim can be done for their interest, since a loan would be outstanding at the time C applies and funds the refi, a Special Warranty Deed should be used excepting out the existing loan they are on the hook for.

Outstanding post, I needed that Brandon.

You make an outstanding point.I just spent 8 hours creating spreadsheets for 15 different properties.

The interpretation of "a" late fee has been "one", not "multiple", fees so the $5/day does not work for us.I typically I serve a written notice on the 2nd with a warning that a late fee shall be applied if any rent remains outstanding as of the 4th {for first time, or rare, offenders}.

You frame the request as an alternative to foreclosure and paying amounts outstanding, then the bank will listen, then you can begin negotiations for a payoff. they may ask for a deficiency, negotiate that.

Example is last tenant had and outstanding water bill and had taken down the smoke det.