Anne Christensen
Best Down Payment Option
Hello,I have several ways to fund a down payment on my first investment property and would like to know the "safest" way to do so...Cash, borrow against my 401K (and does this method constitue the start of my investme...
Jason Wu
Bi-weekly Mortgage payment option
Hi everyone,I am trying to schedule my monthly mortgage payment to a bi-weekly schedule but the lender does not accept this schedule option. I wonder if anything out there run into the same thing and how do they over...
Don Chambers
Eviction in Georgia
I have a tenant in Georgia that has not paid rent so I filed for an eviction. They filed an answer and we will have a court date. Usually in this case I win and get a judgement.
The tenants have not contact...
Rob Liguori
Cash Out Refinance to Buy Another Investment Property
Looking for a little insight! My wife and I own a duplex and are thinking out purchasing our next investment property in the next couple of years. Our plan has been to save up the capital for the down payment, thoug...
Brian Plajer
HELOC vs Refinance for investing
Hello,
I have a HELOC that is adjustable rate, 10 year interest only payments....or I could refinance my primary home and take out cash locked in at somewhere between 2.5-3%. I am 10 years into my original mortga...
Leather Nix
Funding Options for a Single Family Home
First of all, this site is a wealth of information and I'm really impressed with how helpful everyone is.Now to the question: I've found a property and negotiated a deal. Paying $55k for a house valued at $75k. No wor...
Bennett Smoot
Refinance from 15 to 30 year
I know people often refinance from a 30 year to a 15 if they can get a competitive rate that does not dramatically increase the monthly payment. I am looking at doing the opposite. I bought a property (my first) with ...
Dustin B.
Cash Out Refinance vs Business Line of Credit
Looking for opinions along with pros/cons that I might be missing.Would you rather take a cash out refinance on a property to pull excess equity out (80% LTV)? Or is it better to keep the cash in and utilize a busines...
Omid Boloori
Bookkeeping question on loan payments
Hi all,I had a bookkeeping question for you buy-and-hold folks out there. This is probably a very basic question for the pros, but I'm am just about to wrap up my first official year as a formal landlord, and wanted ...
Marcus Griffin
Subto loan modification help
I purchased a home sub2 that was a pre foreclose. The bank is offering 2 options for modification. I pay $14k and keep 3.5% interested rate and $1900 payment or no upfront payment put interest go to 7% with $2500 paym...