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We're trying to get a mortgage for our 2 multifamily buildings that are each around $750,000. We bought them with a private loan and they are held within an LLC. The tricky part is that I am a non-resident living outs...
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I currently do not owe a house, but my parents have thought about doing a HELOC (home equity line of credit) to help me buy a side-by-side duplex. I am wondering about all the details for a HELOC. I was told it can on...
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I'm running some title searches for an upcoming Sheriff Sale and came across a situation that has me spooked.
There was a first mortgage from Wells Fargo and then, a few years later, there was a mortgage from...
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I am a realtor whose looking to purchase a personal home and to rent out the lower level for passive income. I've applied for mortgage loans for the past three years with favorable outcome. I am searching for a differ...
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Newbie investor trying to make my first move. Have a quadplex that already cashflows very well that I was able to get under contract for 293k. The lender I'm using failed to mention I'd need to bring 25% down instead ...
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Hi all,
I am heavily considering purchasing a rental property. This property has just been renovated and rents for around $1000 a month. I have zero experience with real estate so this would be my first deal. I do ho...
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We are really new to the process of getting loans for our projects. We have used our personal savings up to this point, but need a loan to finish a rehab on our latest property. We initially tried our local credit uni...
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Hey All (Fyi i'm copying the wording of another post because both are situations are almost identical)
Not sure if this is the place to ask some questions about the market in New Jersey, if its not, please direct me,...
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Got married mid-2012.
I've been buying foreclosures on the cheap, renovating them, renting them out, and then getting cash-out mortgages on them based upon my assets, credit, salary etc.
I'm curious as to whether I ...
I am wanting to move my kids to a new school districts and out of the one we are in which is horrible. I saw a HUD home for sale in the district that I want. It is in bad shape but I can do most of the work. I can ...