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2 March 2024 | 2 replies
I didn’t make that much, never more than $45,000 from my W-2 but I was able to utilize a portion of the income from the rental properties I was buying to help qualify for each mortgage.
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2 March 2024 | 1 reply
FINANCIAL CONTRIBUTIONS:1.1 Party 1 Responsibilities:Party 1 shall contribute to the partnership for the down payment, closing costs, and construction costs for renovations and additions.1.2 Party 2 Responsibilities:Party 2 shall independently pay the mortgage until both properties are rented, oversee construction and renovation, manage both rentals, and handle bookkeeping during construction.2.
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1 March 2024 | 3 replies
The 15% DP is financed through our private money lender. 1 year loan ($150k) at 5%.
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1 March 2024 | 1 reply
KCCH provides unique opportunities for small-balance investors to access exclusive offerings in the burgeoning South Florida residential real estate market through private capital equity partnerships.
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2 March 2024 | 8 replies
If buying from an HOA sale or sale from a 2nd mortgage - these can be overturned by a judge (first mortgage sales can be also but not as often) - so know what you are getting.4.
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1 March 2024 | 1 reply
Purchase price: $68,000 Cash invested: $73,000 Sale price: $183,000 We bought this house from a private seller who got our info from our friends at the water department.
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2 March 2024 | 3 replies
I'm was going to refinance my home from my mortgage company so I could do some home repair but I decided I don't want to I have not schedule a closing date but i have singed some paperwork how do I back out of it ?
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1 March 2024 | 8 replies
Hard money lenders and private lending institutions/businesses will loan up to 70% of arv including rehab cost.
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2 March 2024 | 5 replies
Even if this means paying out of pocket to cover the mortgage/expenses.How long has the property been marketed?
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2 March 2024 | 25 replies
If you house hack, even if only half of your mortgage is covered, you're likely still only going to be paying average rent in the area, right?