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Hey All,My mortgage broker got back to me with three options for our fee summary and amortization schedules.Option 1: Interest rate: 3.875%Lender credit: $340.52Total cash from borrower: $7,082.68Total monthly payment...
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Anybody know of a property manager that would manage a rent by the room situation?Also any thoughts on how to figure out rents for these situations?
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We're hoping to do seller financing when we buy our first rental investment property, so I'll be hand-writing letters to long-time owners of rental properties (mostly single family or small multi-family).
Is it to o...
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Hi there! I have someone that won a bid on a property in Chicago, IL (Cook County) on Auction.com and is currently going through the closing process. The Purchase Agreement provided by Auction.com (which is not the st...
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...if you have tested positive for COVID...https://www.tsp.gov/whatsnew/C...Snapshot:To be eligible for the CARES Act loan options, you must be a qualified individual. You’re a qualified individual if you meet at leas...
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Hello Everyone -
I am in the beginning stages of REI and have 2 properties on contract w/each at about 60% of ARV and purchase price is coming in at about 58% of ARV including repairs on first property and ab...
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If you elect an extension for S-corp, would you just estimate your K-1 for your tax return and then be forced to file an amendment after you complete the 1120s?
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I am trying to decide between two property management fee structures offered by a company.Rent: $1340
Option A:Monthly Management Fee: 6%New Tenant Leasing Fee: 70% of RentLease Renewal Fee: 35% of RentOption B:Month...
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Have you had any experience with a wrap? What about when there is a due-on-sale clause? The theory goes, although the seller may have a due-on-sale clause, their lender, so long as they keep getting paid, won't care....
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I just looked at my first house and there looks to be absolutely nothing salvageable!!!
What would be an estimated cost to redo an entire house with swimming pool?!?