Alan L. Weeks
Title Insurance
I'm buying a condo converted in 2007 from a 3 family rehab in the state of MA with cash. Trying to decide if I need title insurance. Anyone have any guidance on what to look for after the title search is completed t...
Dave Halevi
Interest only deal
Hello everyone, thank you for all Your help here!I have a seller financing deal with the following terms:pp 100K, Down 20K, 5Y balloon, 5.99%, Amor 30Y.1. The seller wants an interest only payments for the next 5 year...
Joseph Liechty
Using HELOC to pay off mortgage
Hello,Does anyone have experience using a HELOC to pay down a mortgage? I recently heard about this strategy and I'm intrigued. I don't understand how this is more beneficial than just paying more towards the princi...
Tony Gatto
Need help for my seller to pay of mortguage early
Hey gang.
I have a seller that wants to terminate his mortgage early. I am not interested in a sub2 as i have a few buyers for the property already.
However he does not know how to pay off his mortgage...
Kevin Boyd
Negotiating a Second
I'm not sure if this is the best place to post this, but can't find a better place.Got a lease option on a house about 18 months ago. I brought the loans current which cost about $100k. Also paid the owner another $...
Joshua Hollandsworth
Using HELOC to buy more prooerty
Talk to me like I'm 5. When purchasing a new rental property, can I pull A HELOC to put a down payment on another rental property? What are the Pros/Cons/Challenges I will face? Thanks!
Joseph Quarto
Better to do a Refi or a LOC?
Hi,This question just came up. On a building we have with lots of Equity (balance mortgage is $56k)I am looking to free up some cash ($250-300k) for a future 2016 purchase, but wanting to get all approved now. Shoul...
Linda Roberts
Early Move-Out and Key Return Process. When the Lease Ends?
My current tenants have a lease until August 31, but they plan to move out and return the keys by August 15. I don’t plan to reimburse them for moving out earlier. The new tenants, starting their lease on September 1,...
Ben Bakhshi
How to protect assets in a recourse loan? Or is non-recourse best
We are deciding between several loan options in the ~75% LTV range.Non-recourse options are ~1% APR higher than full recourse.We are also leaning towards fully amortized 30 year options, as opposed to their 5 and 10 y...
Dennis O'Loughlin
Best thing to do with money
We have found a creative way to access some equity to make our equity work harder for us so it's almost like the beginning of a BRRR strategy. However...it's not quite. There are several options and we'd like to tho...