I have an investment property I'm about to list on the local MLS for a retail sale. It needs about $10k in repairs, $4k for foundation work, $4k for a new roof and misc cosmetic items. I do not want to do any repair...
In late August, one of my lease option TBs finally got off his ... and got his FHA loan approved. Option price was $97k with a $3k option fee leaving the amount financed at $94k. In the last 6 months 3 comps in the ne...
I recently had a bit of a shift in my perspective on advising clients to pay points recently and here are my current thoughts. Feel free to disagree. As a lender, I look at rate sheets and loan estimates literally a...
Hi I am closing the half duplex (County record is shown as "2 bed room", but MLS shows 3 Bed room when i purchase (my realtor confirmed MLS/Zillow)There are 2 Bed room on the upper level. And the seller is saying the ...
Ive been approached by a tax firm telling me they have a 90% success rate at lowering property taxes in Travis and Williamson counties which is in Austin, TX.Im really intrigued by this and may proceed but thought i'd...
Hello,I am looking for ideas, I am selling my rental. We are under contract, but with the prospect of a market shift, buyers is asking for a reduction.I don't want to break the deal, but also don't want to lower the p...
I purchased a home (not official but offer accepted, inspected and appraised, closing May 1)The purchase price is $269,900, and the appraisal came in at $291,000, which kinda shocked my agent and I. Does this mean I h...
Let me just reiterate...I am a newbie! A co-worker and I are wanting to take the plunge together, and dive head first into REI. We have gone to the bank, a bank in which I have superb past business credit history......
Every market has a “sweet spot.” What would you say that is in Indianapolis? I’ve been eyeing duplexes for around $130,000 each side rents for around $750. Do you invest in lower income areas?
So I know this sounds crazy and almost impossible right? So my bank (Navy Federal- a credit union) has conventional loans to where you can put down 3% and still have 0 PMI. It’s crazy. The downfall is that I don’t see...