Edmund Post
House Hack Down Payment
I am wanting to buy a duplex for my first home and am wondering if I should pay the lowest down payment I can or the maximum. My plan was HFA 3.5%-10%. I cannot hit the 20%.
My thought process is if I pay the minimu...
Kelvin Tian
Can anyone recommend a good software for loan servicing?
Can anyone recommend a software to do loan servicing to track monthly principle and interest payment, preferably send a monthly and annual mortgage statement? Many Thanks!!
Chris Gottshall
Explaining Extra Guest Fees to Airbnb Guest
I had a guest book with me yesterday who indicated 1 adult on her reservation and then explained in her message that she was bringing 5 people and 2 dogs. She accepted the alteration request that I sent which raised t...
Glenn Willeford
Duplex Analysis
Long time reader but it is time to get the feet wet. Asking $95500 for a duplex that was gutted and rehabbed about three years ago. Everything new except the roof.Unit 1: 1 Bedroom/1 Bath, rent is a combination of sec...
Liam Marshall
Buying below intrinsic value
Very new to real estate investing. Everyone says buy below intrinsic value but how do you do that? Is it just finding properties with problems that scare people off (mold, junk, bad smell, etc) and buying those becaus...
Tim Joyce
DTI calculation, for conventional lending
Can any lenders who do conventional lending tell me how wide a snapshot you’d take of my debt obligations when calculating DTI? Like, does the short-term debt service I have now really hamper my borrowing capability f...
Virginia Lacy
CO Landlord - Can I use a SD to pay my spouse to repair damage to my units?
Hi Everyone, I am aware Colorado law prevents landlords from charging the tenant's security deposit for the time the landlord spends on repairs (though they can charge materials). My question is, can I pay my husb...
Kevin King
How to Qualify for higher loan amount as a business owner?
Hey guys,So I own my own business, and last year I purchased my first home and investment property (a duplex). It was a little tricky getting a loan as I own my own business and I pay myself periodically, about $100k/...
Marita Jojo
5% vs 20% down which can make more money?
Ready to buy a residential property and planning a 5% down even though will end up paying a mortgage insurance that as per the closing disclosure says $140 for 3-8 years means 14K extra in 8 years roughly but by savi...
Mark Clarke
Restrictions on HELOCs
Can I use a HELOC on my primary residence to complete the purchase of another home which will be my primary residence, paying off the HELOC when the first place sells? Do the rules on this vary according to state?