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Hi everyone,This is my first year owning a rental property. My property manager shows fees like "posting & processing fees", "software", "showing the unit" in his financial statements. How should I handle these fo...
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Question for experienced flippers: Where do you find your deals?
I’m a new flipper based in San Diego, CA. I started last year and have completed three successful projects with 30% returns before tax within 3-6 month...
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I have a first deed mortgage of $600k with a private person in CA. Loan term is 6 months, interest only at 5%, maturity on 7/1/20. First payment is due on 2/1/2020.
I've been DU approved for refinancing. Escrow and ...
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So, this is probably my fault for not doing a better due diligence ahead of time.We got under contract early Jan for a closing date of Feb 20, and this is my first time buying a house. I got a pre-approval from Lender...
My name is Paul Moore (Call me Paulie please) and I live in Olympia, Washington state. I am interested in real estate investing and developing as it is what I wish to go for. I currently am unemployed, my age is 18 an...
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DSCR loans are a fantastic tool for investors and can help them add rental properties when there is not enough qualifying income to get a conventional loan. But, as a Mortgage Broker we look for any and all ways to s...
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I have an investment property (thats rented out) that I am paying monthly mortgage on. I still have ~60% loan left the property. I now got cash that could payoff 20% off the loan. Is it wise to close the loan or use t...
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This is a bit of a unique situation and I'm having a difficult time working this deal. If anyone can give some advice or share their experiences, etc. it would be HUGELY appreciated. Just so you have a little more inf...
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Hi, BPersI have a question on purchasing a Quad using my 1031 exchange account and wonder whether I could get some inputs from you all!I just sold two properties and put the proceeds in 1031 exchange accounts. The dea...
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Hi, everyone,I am a newcomer to this website and a brief introduction of myself: I recently bought one condo in florida and every month I paid HOA fees to one designated property management company.According to the bu...