Adam Scheetz
How will I be taxed and how to avoid it on a flip?!?
As the title suggests, I need help discovering a current answer to my forth coming tax issues and how to plan accordingly. I found some stuff among the 556 pages in this particular forum thread but it's all older. I h...
Aviv Berkovitch
Bank of America refinance properties limitation
HiI just finished a call with a Bank of America loan representative, and he told me that since I own more than 5 properties, I can't refinance them.. any of them. "this is the guidelines of the bank"I purchased all th...
R Jenkins joshua
Gov't unveils plan to shrink some home loans
4 of the Biggest 2nd Mortgages holder are :
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Citigroup Inc
Bank of America Corp
Wells Fargo & Co.
JPMorgan Chase & Co.
It seems their never anything for Real Estate Inve...
Dave McCulley
Refinancing from FHA to Conventional to rent 1 and House Hack
I am currently looking at refinancing my FHA mortgage and looking at different options. It's a 30 year fixed 3.375% I wanted to either look at a HELOC to pull some money out and use to purchase my first rental, but l...
Sean Brennan
Grace period when missing a mortgage payment?
I am refinancing my mortgage and we are going to close sometime next week. My lender said I shouldn't make my payment on my old mortgage for February because they will pay them off. They also said that there is a 15...
Ray Hayward
Refinancing Hard Money
I am curious to know, is it possible to refinance debt owned to a hard money lender with a bank mortgage as long as the equity LTV is 30%+?I am looking at a property that will require some environmental clean up befor...
Carlos P.
Selling owner occupied house
I have been looking and searching online but have come across different answers. Any penalties or is it common to get fined when you buy a house as a primary residency and fixing and selling after 3 months+ but in les...
Jeff G.
Seasoned Investors..... Commerical Loan or Conventional?
To all you that have several or more properties.I have two properties under private mortgages I am looking to refinance. My attorney strongly recommends continuing to keep both properties and all additional propertie...
Henry Der
Paperwork for 1st position loan for as hard money lender
I purchased a property this year. Was having rehab work done, but project and budget has gone off the rails. Seller will buy back the property and assume all debts going forward. I will hold a first position loan...
Robert T.
Question regarding locking a mortgage rate
Hi,I am in the process of getting a 30 year mortgage for a rental property(20% down). The current closing date is 4/21/2017. Today, I was asked if I want to lock in my interest rate. I was told it would cost $1644...