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Hello All!I have found Subject-To investing to be particularly interesting, and with what the market likely will see from Covid-related foreclosures, I think there will be a landslide of opportunities for this investi...
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Ok so we are in the process of closing on our cash out refi hopefully closing next thursday the 24th BUT it may get delayed. This property i purchased with only me on the loan and not my wife, so when i filed my 2017 ...
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Hello, I am a 20 year old that is planning on acquiring my first rental property sometime this year. At first I thought that saving up $5,000 would suffice, but after working at a real estate development company this...
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Hello,I plan to speak with a bank on how the refinancing process works (that should help clear this up, too), but I was curious if BRRRR works with only putting 20% down?It sounds like you are heavily relying on getti...
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So this isn't really a REI related question, but more of a general investment question. I'm open to anyone's thoughts, ideas, or advice.
I am in the process of doing a loan for approximately $65k. It will be paid b...
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I obtained an FHA loan for 240k at 5% with PMI back in April 2009. In 2013 I received an offer in the mail to refinance my loan to a streamline FHA loan to 3.5% interest rate, the mortgage company didn’t lock me in...
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Hi everyone! I found a duplex in the Cleveland area that is listed for 85K and rents come out to around 2k/month. I would like to use a DSCR loan, but I've heard that you can't use DSCR loans at that price point. Is t...
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Hi all!
If I had a rental property with exactly zero cash flow at the end of the year (after paying for mortgage/escrow/insurance/maintenance/etc.), would some of my depreciation expense shield the funds that were us...
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Hey everyone,I am considering putting in my first offer on my first property wanted to get everyone's thoughts. This is a duplex in a very desired area of South Jersey with easy train access to Philadelphia. The dup...