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Buying Pre-Foreclosures (Non Judicial) Foreclosures To Do Fix & Flips or Rentals
6 March 2024 | 19 replies
It required a cashier's check as well.I drove over from Seattle to Silverdale and it was a fake address on all of their Washington foreclosures.
John Ingallina
Advice on financing options
4 March 2024 | 7 replies
.- I could go traditional loan, using primary home HELOC as down payment, so effectively carrying two notes (down payment with higher HELOC rate, balance with current mortgage rate). - credit score is above 800.Any guidance on above options or ideas on other financing scenarios would be greatly appreciated.Thanks so much!
Henry Hsieh
CAP rate question
6 March 2024 | 1 reply
Real estate investing is typically hard and risky and requires a significant amount of management to cash flow and increase its value.
Wes D.
Is it Reasonable to Ask Tenant to Self-Install Cable Equipment?
6 March 2024 | 5 replies
She had moved in before we bought the condo, and the equipment change was required for the cable TV and internet service to continue as the prior owner would of course cancel their account after closing.
Katarina Takahashi
Denied applicant based on income - now they say they have a housing voucher
5 March 2024 | 6 replies
Some states you're required to include it in your determination of ability to pay, others you are not.
Pat McGinnis
Where to find private money you can trust for first real estate deal
6 March 2024 | 5 replies
That being said, these will also have the strictest underwrites, including credit, DTI, and asset requirements.
Andreas Mueller
Warning! - Don’t Get Screwed by a Shiesty Contractor. How to avoid it, and more!
6 March 2024 | 2 replies
In this time, mortgage rates are up 103% and the average home ($417k) would require roughy 50% of a household’s total income.
David Santana
Need Help with a H.E.L.O.C.
4 March 2024 | 11 replies
We saw lenders requiring a 30-day "pay balance in full" situation.
Clareen Eberly
Month to month Mid-Term Rental Agreement - how to structure payment if tenant cancels
5 March 2024 | 2 replies
Mid-term is a made-up term that doesn't change the rules you have to follow.I believe you are in Virginia where monthly rentals require you to give notice 30 days of termination.
Les Z.
looking to buy rental property in any state - 100k down, traditional financing
5 March 2024 | 28 replies
If you see big numbers in a true metro area it generally means that property is going to require a bit more attention (D class)