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24 October 2018 | 3 replies
I was wondering what an average percentage would be for a down payment of a single family home?
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24 October 2018 | 15 replies
One accounting mistake, one payment going to a personal account accidentally, one use of a personal credit card and poof, you’re personally liable.
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23 October 2018 | 0 replies
I offered $6,000 (after all back payments and fees) and he accepted.
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24 October 2018 | 2 replies
If your rent doubles you monthly P&I payment, than that property will have no impact on your mortgage application.
3 November 2018 | 4 replies
Except some counties have been turned over completely to a software company which confused me because they give the request for public info to them and they ask for payment from 300 to 1000.
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23 October 2018 | 2 replies
Yearly rent is 72K and paying 28K payment (include taxes and ins.) plus 7200 in management fees.
24 October 2018 | 1 reply
Instead of looking at the "equity" (which only makes sense if the market continues to rise and doesn't drop) look at the fees/monthly payments and how comfortable you are with paying that amount (even if wholesaling business slows or your house is suddenly no longer worth the mortgage you have on it).
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23 October 2018 | 1 reply
And they are basically telling me tough cookies.I want to speak with a lawyer regarding this to see about having them help in the payment here.
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30 October 2018 | 5 replies
The smaller commercial lenders I've talked have asked that I have 6 months of mortgage payments per property to act as a "buffer" prior to lending on a second one.
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27 October 2018 | 6 replies
If it's non owner occupied you'd need to do a conventional loan which comes with a 25% down payment.