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24 January 2015 | 7 replies
@Zuy Vu sorry forgot to tag you, I would ask your realtor to ask the REO AGENT
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18 February 2014 | 7 replies
If it will work with the 50% rule (or less if most of the utilities are separate and you plan on self managing) and a 30yr fixed @4.5% for $285K and assuming you live in the 1BR you would have $1,700 in expenses (I never reduce those just because you live in a unit, just my opinion) and $1,444 debt payment for a total of $3,144.
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15 January 2014 | 0 replies
Herb Bleacher of Black Knight Financial (Formerly LPS) said; “While first mortgages are almost half the levels as one year ago, total home equity loans have increased by 70%”.
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11 December 2014 | 16 replies
Insurance is cheap ----------and totally unnecessary until the tenant burns the house down with a space heater, or a tree falls onto the house or lightning strikes.
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21 January 2014 | 5 replies
While it totally depends on your market, many markets have a definite "moving season".
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17 January 2014 | 15 replies
Very different if the buyers were bringing their own financing from a bank or other lender but this just seems totally unrealistic.
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16 January 2014 | 11 replies
Totally makes sense from a cash flow perspective what you're doing.
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27 January 2014 | 13 replies
I'm OK with this because the tax advantages and the fact my property manager is amazing makes the deal totally worth it for me.
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16 January 2014 | 1 reply
I've got a 5-year old judgment in Virginia Beach (total value of judgment, legal, and interest currently around $8,000).
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16 January 2014 | 7 replies
Forgot to add that Condo fee is 150 a month.