Sarah Robertson
Canadian Rental Properties
Looking for Canadian rental property mortgage advice. How long do Canadian investors set their mortgages? In the US it’s most beneficial to choose a 30 year fixed. Here in Canada you can have a 30yr mortgage, but you ...
Bobby Walters
Best LTV for Refinancing Rental Properties
Hello Everyone - I'm looking to implement the Refinance part of the BRRR strategy and am seeking advice on lenders you'd had a good experience with. Maximizing the LTV is of particular interest, so I'd be keen to kno...
Anna Watkins
Need help figuring HELOC payments (using it to pay cash for a house)
Last week I started an application for a HELOC on my primary residence in metro Atlanta, figuring I was going to have to have cash to compete for the better deals in my investing area. The next day I found out a sell...
Chris Majors
100% owner financed. Should I rent or sell with a wrap?
I was talking to an agent friend on the phone today and she mentioned that she needed to do something about a property. It has been sitting vacant for a little over a month and she doesn't to fool with it any more. ...
Account Closed
lease option multi-family?
is it the same thing as a SFR? i read that you cant really do lease options with multi families, is that true?any tricks to getting multi-families when they have little equity?
Brooke T.
Formula to guesstimate the delinquent mortgage balance?
Hello All!I'm looking at purchasing a property subject to an existing Deed of Trust.(I'm bidding on the second position) The owner passed away in early 2019. There was a Notice of Sale on that DOT posted in February 2...
Justen Ashcraft
Additional principal payments.
I have been making the loan payment plus the next months principal payment in order to cut the 30 year loan down to 15. Can I make 2 months principal payments and cut it down to 10 years? Thanks.
Samuel Carmichael
What percent of your mortgage is paid down annually?
I heard on the Andrew Hines Real Estate Podcast that it was 3%. I just looked at my fourplex with a loan of $325,000, started the year at $329,500 so about $500 a month. But does anyone know what is standard loan payd...
Mike L.
Help: Another 30 year fixed vs 10/1 ARM choice to be made
So I've got a choice on a $850k purchase price, 20% down place.
Buy and hold, going to live for 5-6 years, eventual rental.
What would you guys do? 10/1 ARM at 2.375% with about $1k in lender credits?
30 yea...
Dan Osterman
Owner financed 4-plex, to good to be true?
Details:
North Carolina
120,000 FSBO
4-plex 600sq st each 1br/ba. close to downtown living. solid brick building, new water pump, has washer/dryer on location, no major upgrades needed. all 4 units occupied and r...