Zechariah Gehlke
Bigger house if you rent?
Is it possible to get financing on a bigger house if you plan to rent some portion of it?
John Meza
I'm out of state....
I was involved with REO's. There is very little room to make a profit. The agents are selling close to retail. I'm considering working with homeowners in pre foreclosure. I obtain the pre foreclosures through a paid s...
Matt Wan
Does paying off a mortgage early affect future loans?
From my understanding, mortgages are considered riskier investments than most other loans because the borrowers can repay early with little to no extra cost. If I hold a 6% bond and the rate on new issues drops to 3%...
Account Closed
Investing with a partner
I have found a partner for real estate investing. Our area is rural and poor but cash flow is good. I found a foreclosed house for 39k. If we split it 50/50...I have researched and he will put in the money for closing...
Account Closed
REO questions
I tried doing as much homework as possible before submitting an offer on an REO (through our realtor) which would normally be out of our price range.
Our starting offer was $86,000 below what they had it listed for....
Kyle Burnett
Borrowing from 401k to start brrrr
I'm new to Realestate investing and am in the process of closing on my first rental. Since then I've learned of the brrrr strategy. My main issue is raising the initial capital to begin the brrrr with a second house. ...
Zoe Mercier
Offer accepted but financing fell through even though preapproved
I got preapproved with a lender, submitted my offer and it was accepted. Now the lender is saying that they can't lend because the house cost is so low that the closing costs would violate the predatory lending Sectio...
Imran Raz
Re-Finance quote from Lender
Hello Guys,I am in process of Refinance to lower my payment by getting rid of PMI, the process has not been great with this specific lender I am working with. This is also my first time doing this so I am bit unsure a...
Sunil Kapoor
Are my closing costs too high for a Phoenix AZ purchase?
Hi All,I am buying a townhouse in the Phoenix area for around 190K with 30% down.My closing costs are around 10K, and I have great credit (over 800), which seems high, but I am a newbie so wanted some experienced eyes...
Nathan Clark
Help! Trying 1st Owner Financed sale
I own a property free and clear and have it for sale with Owner financing. I'm trying to figure out what is the best way to sell it owner financed? What is the process? Do I have to use a RMLO or can I have an attorn...