Just sold house for145k it appraised for exactly that. After closing fees, Commission, I netted $29,400 which the title company screwed up and told me 31k just the day before...annoyed at this point.I bought another ...
This is my 1st time with 1040 and rental.a) Is it possible to list the closing costs under any expense item - eg. commission. I bought the house so technically didn't pay any agent. I also took a no-point loan but I s...
I'm under contract to sell a duplex in Columbus, OH. When prorating the month of May is it just the rents that are prorated and given to the buyer or is it the net of rents and expenses for the month?
I'm trying to work a deal for a 4-plex in which I take a little bit of cash back at closing, or at least have financing cover all closing costs and prepaids. Purchase price is $140k, existing mortgage is about $50k. C...
All,
I was thinking of a way to try to market to my local real estate investors (or even just any FSBO's), and I kind of took this idea from some of the big builders in my area.
Give me some feedback on whether or n...
We are selling our house to a cash buyer, in Plano,TX. Our title company pulled the title and it turns out when our neighbor refinanced his house in 2011, our property description was used instead of the neighbors. Th...
A single mother who work part time has asked me about renting my unit. My docs have a 3x the rent requirement. She says she is a preschool teacher working part time and her parents help her with the rent. She said tha...
Investment Info:
Other commercial investment investment in Kansas City.
Purchase price: $725,000
Cash invested: $315,000
Contributors:
Logan Freeman
In the vibrant Crossroads Arts Dis...
Does anyone know any Detroit area banks or credit unions that offer 3-month seasoning for cash-out financing for up to 80% of appraised value? I am aware of the Fannie Mae delayed finance program that allows immediat...
I am new to the rentaI game and need all the help I can get.I own one home that I live in. I want to buy a duplex for 100k with a FHA loan in my personal name for my first rental property. Is the possible? What about...