The landlord-tenant world changed last night. The US Senate’s COVID-19 bill changed the landlord’s rights. That bill, passed last night, affects landlords that have federally insured (or “backed”) mortgage loans. T...
What are the hot markets right now that you guys reccomend
Hello everyone,
After going through the last two years looking like a chicken with my head cut off and making every wrong mistake I think I could of made. I finally decided to go all in and get a coach to really fig...
Can you Foreclose on a home that you own a junior mortgage on ???
Hello,
I found a few properties that need few and some many repairs. My question is what questions should I be asking the real estate agent and what answers should i be getting to know that the property is a potetial...
I am in the market to buy some rental property and had a credit check done to see what kind of interest I can get approved for.
Anyways, my agent who is also in the mortgage loan business found Wachovia bank to be my...
Hello BP Members,
Many of us are familiar with the concept of "find the deal first, and the money will find you". However, I am learning that a typical offer will give you escape clauses for inspection/appraisal, et...
I found a home I'm thinking about purchasing to flip. Purchase Price: $185,000ARV = $250,000If I were to finance it with a HML at 3 points and 13% it would cost me..$5550 in points$13,560 in holding costs for 6 months...
I am looking for the right group to help us build our Networth but it's been tough. Where do you look for mortgage companies that understand what we are attempting to do today? I have a property I am trying to refi a...
I've been looking at properties and crunching numbers. I feel like I'm missing something so I'd appreciate someone looking at this example and providing feedback. Note that I don't know for sure about the closing cost...