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13 July 2018 | 14 replies
So, to clear up a couple of things, my mortgage broker said with the FHA loan i am getting i have 60 days to occupy the unit so I was wrong about the 30 days according to my mortgage broker.The seller as informed me that she will pay whatever it takes to get the tenant out but she cant do it her self because of the pending litigation, My agent has physically gone to the property and tried to get a hold of him but he is avoiding everyone like the plague, he has his friends call people back and act like him and feeds everyone a bunch of lies.. so it seems impossible to actually get a hold of this guy and offer him cash. one of the problems with me remaining in my current residence is my mother needs to renovate the place, with new floors, windows paint etc and refuses to do it while anyone is living here, she is desperate to sell and we all expected me to be out months ago, had I known 4 months ago about the supreme court appeal I would have backed out and found another property, I am just in to deep and too late to back out, this property is mine I will close on this property by any means necessary.
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16 July 2018 | 31 replies
Two started businesses that eventually failed and went back to the corporate world, but that's it.This year, my $33K, invested in mutual funds and ETFs, has remained $33K.
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4 August 2018 | 6 replies
Additionally this would trigger a reassessment of the remaining person’s income to see if they could handle the rent.
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12 August 2018 | 9 replies
If you have $700k-800k in cash, I would get a place to live with a mortgage and then use the remaining funds as down payment for lower price point rental properties.
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11 August 2018 | 9 replies
You must remain conservative when analyzing any investment.
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24 July 2018 | 27 replies
Any payments on the balance remaining from the original loan must be included in the debt-to-income ratio calculation for the refinance transaction.
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24 July 2018 | 2 replies
On 6/8, I purchased my first 4 unit house-hack, and I just wanted to share my first error for all the "noobs" to ensure we remain attentive moving forward.
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20 September 2018 | 4 replies
All tenants in good standing are welcome to remain but are required to sign a new 12 month lease.
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28 December 2018 | 131 replies
Remaining three are...DallasPhoenixHouston
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3 November 2016 | 9 replies
It would produce about $593 in net monthly cash flow, I would not have to put too much work into it, and since it is walking distance from a University it would consistently remain rented (I see this as the safer option).The Second: Is a fourplex which is currently 100% rented.