Michael Clevenger
Appraisal fell short
9 September 2016 | 55 replies
It's a great option for now ... just please know what the future can hold and have a strategy in place for that.And if they're not paying their 1st mortgagee it could be that they're not paying the realty taxes and maybe they've let their insurance lapse.
David Bell
Rehab costs 100% deductible?
20 August 2016 | 4 replies
David Bell I am assuming most of your rehab is going to be capital improvements which you will add to your basis and depreciate over the useful life.
Warren Golston
New Member from Virginia Beach, VA (Originally Germantown, MD)
20 August 2016 | 4 replies
My friends and family caution me that what I'm about to do will ruin my life but I don't want fear of the unknown destroy a potential future avenue ahead for me.
Mark Trahan
Disaster assistance
4 September 2016 | 4 replies
None were in flood zones so we have no flood insurance.
Kristen Miller
First Time Homebuyer Multifamily FHA + 203k Refinance + Cash Out?
22 August 2016 | 3 replies
Will banks approve this and also allow for the mortgage insurance to be dropped from the loan?
Chris Gould
Seller has gone dark - buyers want to view the house
18 December 2016 | 4 replies
Sometimes life happens and the seller will come back to you.
Atul Mohlajee
Connor Wingfield
Mortgage Broker FHA 203k
22 August 2016 | 9 replies
Hi Connor, This is my understanding on this type of loan.The FHA Loan is mainly an insurance program by the FHA (government entity) that allows low down payment on the purchase.
Steve S.
When doing a BRRRR, what could I expect to pay in closing costs?
20 August 2016 | 4 replies
Or does this include insurance and taxes for the year.
Jennifer Handlin
Buying land contracts in place, need help w/contracts & due dili
21 August 2016 | 1 reply
I never write them without adding in taxes and insurance.