Hello BP community,I want to take advantage of the equity i've built in a couple of my properties (one is a rental and fully paid off. The other is personal residence and is 70% paid off) and use it as a downpayment o...
I have been trying to research the least expensive way to keep my records until I build my real estate rentals more. I tried to set up quickbooks online, but without paying $720 a year for the ability to do class tra...
Anybody know if this is legal? They offer 30 year lease option and have tenant buyer responsible for taxes, maintenance and insurance. Each month the balance to buy is reduced but 1/360th.
Technically looks l...
Does anyone know of a lender in Rhode Island that specializes in Homestyle renovation loans?
I was referred to a 203k lender but he never heard of the Homestyle loan for investors.
Any information is very appreciate...
Random question that I couldn't find when searching BP. When calculating your net worth for accredited status, how are investments in syndications treated? Are they completely excluded from the calculation or are we a...
I'm accused of not paying the mortgage for a home I was renting out. Whenactually the home was sold to to the plaintiff in this matter on a "Subject tothe Existing Mortgage" transaction. The plaintiff missed a coupl...
Hello,Has anyone dealt with the Fannie Mae Homestyle revocation mortgage? if so could you provide more information on the loan? Also how does it contrast from a traditional 203K loan? How was the overall experience us...
I have a STR which I renovated using a HELOC on my primary home. Balance is $79k at 7%. No other mortgage on the STR. The STR has been in business now for 8 months. Gross earnings average is $2k per month. Is it p...
Hello BP Community,I'm trying to pull equity out of my Jacksonville FL properties to purchase more props and today a lender turned me down without giving a reason. Would anyone be interested in taking a shot at this o...
With regards to the above.1. Is it also known as:a. "outstanding balance"? And:b. the balance owed to the note holder?2. Does anyone know of an online dictionary specifically for notes, mortgages etc?Thanks