Jared Sandler
Important Questions for a Hard Money Lender
After finding an HML that will lend where your prospect house is (most will only lend in major metro areas or have steeper rates if they do lend outside metro areas), I would ask these questions:
Are you a direct len...
Chris Martin
Statistics on SDIRA lending and owning... one county in NC
The answer first. Here is a quick decade long summary of activity involving the largest Self Directed IRA (SDIRA) custodian in one county (Wake county) in NC. The 4 columns don't format nicely, but for each year, colu...
Kyle M.
Lease Language - renewing after 15 month term?
So I have a tenant who agreed to an initial 15 month lease term. I did this because of it starting in January and it being mutually beneficial for the tenant and myself. When it automatically renews I would like it...
Amby Bhagtani
Appraisal Amount Increased
Hi - I am in the middle of closing a commercial property. The broker that I used initially quoted an appraisal of 650, which I paid. A few days later the broker said the mortgage company is asking for 2500. I am a lit...
Jerry Sanford
First time homeowner considering refi, is it worth it?
In August 2012 I became a first time home buyer in Nevada. My rate is 3.75% on an FHA loan. The house was purchased in concert with a non-profit who provided $15K towards principle. I bought the house for $100K. T...
Mattias Clymer
My first flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $90,000
Cash invested: $50,000
Sale price: $235,700
My first flip
What made you interested in investin...
Matthew McKinney
Mortgage rate decision
I have an offer for a 15year fixed at 3.375. I am trying to decide if I should roll the dice and see if it will drop lower or lock that rate in with my lender. Thoughts?
Josh Green
Buying in a Higher Interest Rate Environment
TLDR; I prefer buying in a high interest rate environment and then refinancing in a handful of years, rather than buying in a low interest rate environment and refinancing in a handful of years.Wanted to share my thou...
Allan Tualla
Ways to help increase property value
Hello Everyone,I was just wondering what are things that can be done to a property that my ultimately increase value of a property. I know this can be many things, but I was hoping to have some ideas thrown out there ...
Account Closed
Where to put profits from my home sale?
We will have a few hundred thousand dollars to invest after our home sale. Not only do I want to avoid paying taxes on that money, but we want to invest it as well. Initially, we would need access to approximately $50...