I have a few people interested in a house that I am advertising Rent to Own, and i'm having a little trouble pre-qualifying them. I'm trying to get an estimate on how much of a home they can afford based on their debt...
Hi - I'm curious the best way to approach that initial investment purchase. Should I buy it and move it under an LLC? Buy it as an LLC? Any suggestions? Thanks.
Does anyone know what the IRS's standards are for releasing tax liens on properties that are underwater?
I've got an approval on a property at $605K that appraises at $830K. The outstanding first mortgage is over $1...
I'm refinancing a commercial property in the US for the first time. $1.7m loan, 65% LTV. One LOI I've received has quoted a 2% origination fee, which seems high to me. (Broker has a 1% fee on top). Presumably negotiab...
So I have a motivated seller who stays in NC. He owns a home in Pa. The property is in pre foreclosure status. The ARV for the house is $63,000. He owes $20,000 to the mortgage company (which he says can be negotiated...
Hey, I'm getting ready to purchase my first single family investment property. I have money saved up for a down payment plus more and good credit. Should I go the conventional loan or DSCR loan? I want to scale up aft...
I’m looking to get pre-approved ASAP and purchase a single family house to live in in San Antonio by the end of this year. Looking in the $400-$500K price range and can put 20%-30% down. Won't qualify for traditiona...
What metric or ratio does everyone use to determine how much primary house to buy (rules of thumb)? From reading Millionaire Next Door awhile back, the author recommended total mortgage debt to be no more than double ...
In my understanding, after a nonjudicial trustees sale, when the sale is done and cash paid there is no redemption period for the owner to regain the property. Is this true?
So i am getting pre approved for a conventional loan and am short some cash (30k) , i told my lender i have the 30k in cash (which was a gift), then tells me to deposit the cash into my account and told me it shouldn...