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11 April 2024 | 3 replies
Primary home: 2.75 APR VA / 230k balance / Equity roughly 130k Direct cash: 13kThe goal is to start flipping, but if there are other ideas to build my real estate portfolio, SHOOT!
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13 April 2024 | 5 replies
Is the new owner required to comply to these rules if a property comes with tenants?
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12 April 2024 | 40 replies
Put it on an auction site starting at your loan balance?
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13 April 2024 | 12 replies
I would say that a 1.20x DSCR ratio minimum for BRRRR is a bit high - plenty of options out there that wouldn't require such a hurdle
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13 April 2024 | 2 replies
Tenant seasoning will be required for a bank refinance.
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11 April 2024 | 5 replies
I also have the cash for the balance on the loan just in case.
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13 April 2024 | 4 replies
So the fact that Form 1099C is required for the 2023 tax year should be questionable or invalid.
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13 April 2024 | 3 replies
I'm guessing the lender will require 6 months of insurance and taxes up front at closing for an investment property which will drive the closing costs up considerably. 3.
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13 April 2024 | 22 replies
I would recommend that once you set your rental requirements (And if you haven't, make an actual list) do your best to STICK to them.
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11 April 2024 | 23 replies
Yes they require a deposit.