11 September 2017 | 1 reply
I have excellent credit but I want to make a sound choice.
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12 September 2017 | 7 replies
A good realtor should be able to negotiate things like closing date (on maybe the 6th or 7th of the month), seller carry back if needed (or useful), personal property to be included in the price, closing costs, buyer credits back for items in need of repair, home warranty, the list goes on.
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18 September 2017 | 10 replies
The Greatest Investors Podcast.You have Billionaires in there.It specializes on Out Of State and Out Of Country Investing
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12 September 2017 | 4 replies
What's the best site for background checks and credit checks?
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11 September 2017 | 5 replies
If they want something special, they can provide their own.
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12 September 2017 | 6 replies
I think he just freaks out about people getting in the property, or specially the guys that do the work for me.
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12 September 2017 | 3 replies
The numbers look good:Location: Broadway HouseNumber of Units: 1Rent: $1,350.00 Square Feet: 1,666 Upfront Costs:Cost per Unit $95,000.00 Price: $80,000.00 Cost per Square Foot: $57.02 Cap Improvements & Repairs: $15,000.00Cash on Cash Return:19.84%Total: $95,000.00 Debt Coverage: [minimum 1.6] 1.78 20%Down: $19,000.00Capitalization Rate (ROI)9.05%Current Assessed Value: $29,666.00 Loan Amount: $76,000.00 Net Cash Flow per month: $314.08 Interest: 4.88%Net Cash Flow per month per unit: $314.08 Term (yrs): 30Total Rent/Month: $1,350 GROSS SCHEDULED RENTAL INCOME: $16,200.00 Less: Total Annual Debt Service: $(4,826.40)Less: Operating Expenses: $(6,470.63)Less: Vacancy and Credit Losses (7%): $(1,134.00)NET CASH FLOW: 3,769 NET OPERATING INCOME - (NOI): 8,595 INTEREST: 3,680 DEPRECIATION: 3,455 NET INCOME: 1,461 Property Insurance: $1,000.00 Property Management (10%): $1,620.00 Placement Fee(30%): $405.00 Real Estate Taxes (5.06179%) $1,501.63 Repairs and Maintenance (12%) $1,944.00 Services: Snow Removal: 720 Utilities: Electricity: N/A Gas and Oil: N/A Sewer and Water: $30.00/mo Other
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11 September 2017 | 0 replies
Would I be able to obtain tax credit on the mortgage interest?
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12 September 2017 | 1 reply
I applied for an fha loan through a credit union and they tell me FHA does not quialify for multi residence.
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23 September 2017 | 9 replies
Our credit scores are over 800 and my wife and I make about $134K a year.Can anybody help?