Thatcher Eiseman
Looking for Non-QM lenders that will play ball on houses between $50k-$70k
I am planning to acquire a number of homes in the St. Louis area for use as long-term rental properties. I've already connected with lawyers, realtors, title companies, property managers, etc. and the lending is reall...
Anl Gupta
property manager
Hi
Besides shopping around for fees etc, what other factors are important to select good property management?
Are most of them able to keep promises they made on rent that they think you could get? Are there occasio...
Rich Thoms
HUD Cash vs leverage when bidding
pretty frustrated with my agent as they dont seem to know much about HUD. My question is if offering to buy in cash (refi shortly after) would tip the scale in a bid situation or does it not matter to them how the fun...
Roupnel Pierre
approval for PML & HML
Hi BP,
Anyone of you guys in the Boston Area works for a PML or HML? I want to shop around and get a the best offer I found a house I want and I want to make an offer. I just need to shop loan rates. Any suggestions...
Connor Deneen
Assignable Mortgages and creative financing
Hi everyone, I am trying to learn a little more about assumable mortgages. I have a potential deal where the seller owes 100k on the property and their mortgage is assumable. All other factors taken into consideration...
Jason Henry
Need a fact check BRRRR
Can someone run the numbers to ensure I am correct. This is my first BRRRR and I do not want to miss anything.Purchase price $25K CashRehab $80kARV $130K80% refi $104K which leave $1k in the deal (I am ok with tha...
Kristen Dolotina
Tax Write Off for Landlords - what % comes back to me
Good morning!
I am a new landlord of a condo and am curious about my tax write off's. I'm clear what it is I can write off, what I'm not clear about is how much (or what %) of each category will come back to me. He...
Stephen R.
Transitioning low income, LIHTC & section 8 to market rent
I'm looking at a 50 unit foreclosure in Texas that is currently 100% low income, rent restricted housing. Because of the foreclosure the rent restriction will not pass to the new owner. Although the property will cas...
Laura N.
Rent out or sell
Here are the figures:If I sell, my realtor is confident I can make around $35,000 after all the associated fees going into selling it. If I rent, I believe I can rent it for $1350 or more and my mortgage is $1000 a m...
Jeff Fairchild
When to use Transactional funding
just read this article http://m.huffpost.com/us/entry/7021138It says I'm going to pay $2k to $5k for use of the funds for a double close? Doesn't that seem really expensive? When would these funds be needed? Can't we ...