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8 March 2024 | 14 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
5 March 2024 | 11 replies
Hello,I am in the midst of a mortgage refinance and I am done with initial formalities, signing the initial disclosures and providing the documentation and so far happy with the terms and It can take 30-40 days to close from today.
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8 March 2024 | 6 replies
If I can get a 15-20% ROI (appreciation, depreciation, cash flow, mortgage paydown, write offs), and 9.5% on the funds I take out, would that be worth getting double taxed?
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6 March 2024 | 8 replies
I have reviewed at least 50 properties online using Redfin, Zillow and off-market properties from wholesalers.
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8 March 2024 | 77 replies
FWIW I have Propstream too, its the best public records (mortgages liens owners etc) soso MLS data and recent sales tool, can pull leads too.
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7 March 2024 | 5 replies
Most of the smaller, locally owned companies have terrible online reviews.
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8 March 2024 | 10 replies
(generally takes 60-90 days to close an assumption)I purchased my most recent primary residence with a an assumable VA loan and am saving about $1,100 per month on my mortgage payment compared to a loan written at today's rates and I am also enjoying about 2.5x the principal paydown per month as well!!
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7 March 2024 | 14 replies
Just research online and usually there are a few used mobile home dealers in your state you can find on Facebook.
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8 March 2024 | 4 replies
The leases end in October and August, so if I were to buy it with a loan I would eat a part of the mortgage for four months on one property and six months on another.
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6 March 2024 | 4 replies
Hello All,I’m on my second house hack in Chicago. My first was a 2 unit with an FHA and my second was a 4 unit with my VA. I have no entitlement left on my VA.
I was a bit interested in Assumable a loan for a proper...