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14 February 2024 | 26 replies
In our case, we have had deferments of loan payments for up to a year, which really helped us.
13 February 2024 | 18 replies
They keep the place clean, never miss the rent payment and there are always available renters near a major hospital.
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12 February 2024 | 0 replies
I bought it an rented on long-term so far. 2beds, 1bath each.monthly payment $2,300monthly income $5,000What made you interested in investing in this type of deal?
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12 February 2024 | 2 replies
If I rent a 4bed house to a family, it's one lease, one tenant, one rent payment, one move-in and move-out, etc.
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12 February 2024 | 3 replies
When borrower refinance cash-out an old mortgage with a 12 Bank Statements lender while applying for a new mortgage with another 12 Bank Statements lender at the same time, will refinancing the old mortgage affect the DTI, and qualification for the new mortgageBecause the 1003 shows the liabilities and mortgage payment of all mortgages?
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11 February 2024 | 3 replies
We are renting the property now and I know we have to meet the 1031 guidelines to do the exchange.The motivation for the sale is he needs care right now and I would like to have a larger more functional house available for him to be cared for.Maybe there is another method to minimize capital gains taxes that make it easier to sell and keep the property 19 tax base ?
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12 February 2024 | 3 replies
The great part about this strategy is that because you are buying a small multifamily property, you can still qualify for loan products such as FHA (3.5% down) so the down payment necessary is minimal.
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11 February 2024 | 4 replies
how do I use creative methods to obtain leads?
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12 February 2024 | 7 replies
Again, often times this requires a large down payment when you win to be held in escrow as things go to title.