Josh Lee
What to look for in HELOC terms
Hi All,I'm planning on getting a HELOC against my primary residence to help finance the purchase and rehab of investment properties. My first draw will be for a flip, the second will be for a buy and hold rental prop...
John Hanson
Schedule E Hurts... When you want to buy again.
I bought a condo as my Primary Residence in July 2011. A few weeks later, I began renting out a room.
In January 2012, I rented out a second room and continued living there with two tenants until July 2012.
In Ju...
Steve Richardson
Shopping for a lender
I am in the process of purchasing a home (conv. 30yr) and have met with one lender thus far. I notice that it is frequently recommended to shop around to get the best rate possible. I realize that may make the most s...
Robin White
Cost to Reroute powerline in Los Angeles?
I am in the process of building a house in Los Angeles, hillside. There is a very high likelihood we need to reroute a powerline that hangs between the two parcels of land I own and planning to build a house on. Has a...
Robert Dunbar
Cash out refi on top of Heloc
Hey Everyone,I got a heloc on my previous home to fund the purchase of an investment property. I’ve since moved to a different property and a few years have gone by. The property now has more equity than when I first ...
William Hinsche
Is lender cost of rate and lender fees part of closing costs?
When a lender gives you a rate sheet with the cost of the rate, as well as lender fees, are these expenses part of the property's closing costs, or are they a separate cost? Thanks.
Joe S.
The taxes and fees are more than the nightly rate on STR
I have never stayed at a short term rental and I have been hearing all about them. So I go on line and look at a number of Short term rentals. I’m a little unsure about how the pricing goes whether the listed price is...
Cameron Price
Are mortgage rates negotiable?
I'm learning a TON about the mortgage game. Theres so much that hoes on behind the scenes with mortgages being bought/ sold, etc.With all this craziness, I just had the thought, are mortgage rates negotiable?I've call...
Account Closed
Is a bank loan the best option for first timers?
My fiance and I are looking to get into real estate, and we are planning as our first step (after making sure our budget can afford it) to get preapproved for a 2nd loan. Our first home is where we live and is mortgag...
Mike Keegan
temperature of markets
Just starting to do some shortsales in Ca and AZ. Anybody got advice on where I should start my offers to the banks?? i.e. 70%,80% of BPO??