Bryan Larsen
Seller financing deal analysis help
Selling price: $85,000 (includes furniture, appliances, beds and bedding, dishes, yard equipment, etc)10% down payment: $8,500 House is turnkey and sale price is average for area. Balance: $76,5006.5% interest, includ...
Gayle Eisner
How can I tap into my equity for investing?
Hi: I own clear a rental property and have a very low payment on the one I am living in. I have a decent credit score and some cash. I am property "rich" and cash poor. I supplement my income from a substitute teac...
Katie Kim
Looking to purchase a 2 acre commercial land in Maryland.
Hi,
I am currently looking to purchase a 2 acre commercial lot located in Harford Co, MD. The lot is flat and rectangular shape (about 600ft x 170ft). It is located on main road, directly across from a shopping cen...
Joseph Mattucci
FHA loan with fair credit vs. fixing credit and conventional loan
I am currently in the process of looking for my best loan option as a first time real estate investor. I have poor to fair credit that I have been steadily improving in the range of 615-625 depending on what score you...
Brandon Shelling
What comes first? Financing or make an offer.
I'm new to real estate investing. I would like to know what comes first once I find potential properties after running my numbers? Should I find potential lenders before I attempt to make an offer or make the offer th...
Dan O'Neill
Bank Frustrations: Loan Mod; Prepayment Penalty; Refusal of ELOC
Good Morning Everyone. I'm more than a bit frustrated with my current lender. Five years ago, I purchased a 16 Unit apartment complex for 472k put about 150k into it. Raised the rents from $500 to $800. Reduced va...
Kelly G.
Can I qualify for HELOC - no job, good assets
Greetings;I need a short-term (1 year?) loan of about $40k - would only pull what I need when I need it (not all at once - but a bank won't know that) - and am thinking a HELOC would be the easiest, but:I am not 'wor...
Guillermo A.
Anyone here start with little or no money without a job?
Has anyone here started completely from the bottom? meaning you had little or no cash and no job? If yes can you please share your success story? ,if not please dont be negative by saying something like " starting w...
Nicholas B.
Mortgage Underwriting Guidelines & DTI - (@Bill Gulley)
In another thread, @Bill Gulley and I had a brief discussion on underwriting guidelines. Rather than take that thread off topic, I created this one to hopefully further the discussion. The main contention was whether ...
Aalaa Alrobaidi
Lease agent lied $ posted same apartment for cheaper price! Help!
Im highly upset. The leasing agent first told me that I would receive a $500 bonus when moving in and if I sign a lease for 2 years it would be $2,250 monthly instead of $2,350.
I then told her I would think about i...