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22 July 2024 | 4 replies
I'm looking to find a lender who can work with me regarding an FHA loan so that I can, ideally, only put 3.5% down.
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22 July 2024 | 18 replies
Hi,I'm trying to invest into short-term rental in Savannah, GA.
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24 July 2024 | 9 replies
I'm a loan officer and the majority of my business is VA.
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22 July 2024 | 17 replies
Prepayment penalties- usually 1-5 year terms.
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23 July 2024 | 10 replies
Also, for VA loans, check with Dennis Kahn at Homestead Mortgage.
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25 July 2024 | 3 replies
made an offer on a property only to find out later that one of the units was going through an eviction.tried to extend our inspection contingency to no avail to buy us some timeended up not being able to come to terms on how to proceed with sellerthe last HOUR of our inspection contingency the seller offers to try and buy out (cash for keys) the tenant the next day (he had a property manager handling the eviction and wasn't even aware of it initially).i get a (risky) oral agreement that even though the contingency window had passed, if the plan falls through my client will still get their EMD back the next day the seller ends up buying out the tenant for a bit over $3,000 and now we can move forward with the deal without the headache of a problem teanant/ picking up an eviction.
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22 July 2024 | 5 replies
(Q2)Another question I have is that since Steve broke the terms of the lease by affecting the other tenants’ “peaceful and quiet enjoyment of the property”, is he obligated to pay the rest of the rent even though he will be vacating the property before the end of the lease?
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23 July 2024 | 5 replies
For each property, I have roughly $500,000-700,000 Mortgage so technically about 2.3 million in loan.
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24 July 2024 | 4 replies
The seller is seeking $3.5M with an assumable loan.
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24 July 2024 | 6 replies
Consider factors such as location, property condition, future development plans in the area, and your long-term goals.Remember, patience and persistence are key.