Colleen Murphy
Confused about compliance issue regarding cash-out refinance
We are working with a lender to get a cash-out financing loan on an investment property that own. But, we were just denied for the loan with the loan officer saying she was, "unable to get the refinance approved throu...
Phil Moore
Purchase Money Mortgage Note Investing
Storytime: I've recently taken a deep dive into the world of creative finance specifically in regards to owner financing and subject-to. I've been generating a number of offers for sellers to finance their properties ...
Jessica Martin
Please help me understand Cap rates
Im taking my real estate classes now and going over Cap rate right now and I really want to make sure I have a good grasp on how to figure Cap rates. I'm still a little confused about it. Do you use gross or net amoun...
Scott Tennell
Creative Financing Strategies: What’s Working for You Right Now?
What creative financing strategies have you found to be the most effective in today's real estate market, especially in terms of working with sellers or investors in challenging conditions? I'd love to hear specific e...
Omri Liba
Due Diligence - Areas of Research
Hello all,I've started compiling a list of issues to check for when performing due-diligence for a performing-first lien note. I am aware this list should only be used as starting points or "areas of research" towards...
RICARDO RUIZ
RENTAL FINANCING QUESTION FROM A NEWBIE
I was told by a co-worker that banks would not look at my personal home when financing rental units? And that banks make rental financing decisions based how much cash flow the rentals will produce. This does not mak...
Cliff Harrison
Rate of Return calculation for early mortgage payoff
Situation:Single Family Rental financed on 15 year note. P&I payment is $330 dollars. 13 years remaining on amortization schedule. Payoff amount is $35,000. Interest rate is 5.25%. No plans to sell, assume a ...
Florence Lockhart
joint ownership of a rental property
Does anyone have suggestions on the best way to rent a shared vacation rental home if one owner wants to use/stay in the property more than the other owner?
Justin Lee
buying my first home
Hi everyone
I live in bay area California. I want to buy my first home in Fremont, CA. I want to buy it in the Alameda County Court Offices: Evictions. I called the court but they don't know when exactly they hos...
Bryan Carleton
Finally sold my first flip!
Investment Info:
Single-family residence fix & flip investment in Waldoboro.
Purchase price: $52,500
Cash invested: $27,500
Sale price: $139,000
SOLD!!! After 53 weeks it's finally done and s...