Financial picture: I live in the NYC area, union city area. Just bought my first house, around 150k in the summer. 3.5% 30yr fixed mortgage, 780 total monthly w tax, plus HOA. I rented room so live free. New money has...
I am seeing a lot of articles out there talking about banks that offer loans on investment properties for less than 25%, in the ballpark of 20%. But I can't seem to actually find said banks. Does anybody have recommen...
Hello All,I had made a commitment to buy a rental property by the end of the year, but we have a closing date of January 8th, so I am excited for that. As I am pondering on my next property, I realized that a strategy...
http://online.wsj.com/article/BT-CO-20111115-714696.html?mod=dist_smartbrief
Hi. I'm from the Philippines and would like to ask how most of you build your credit in bank(s) or other lending institutions. And regarding refinancing, how does it work? Thanks.
Let´s say:
A house offered on MLS (more than 150 days) for $15,000, need rehab $15,000. ARV is $75,000.
I know all your rehab calculations, but what would you offer for this house in cash?
I just read JoeinOH´s to...
Hi everyone,We are looking for some legal advise.My partner and I have a duplex currently fully rented and is collecting income. The title is under my partner's name and he also assume the entire loan. I pretty much...
So me and my father-in-law have verbally agreed to form a partnership for investing purposes. I've already opened an bank account for it. I put in 75% and he put in 25%. Anyone have a form to make stuff like this o...
I am looking at purchasing a bank owned property in Kansas which is only reviewing owner occupied offers for the first week, and then will look at investor offers. What are the owner occupancy rules, e.g. could I sit ...
Hello fellow BP'ersI have finally made the move to the Clearwater area and I'm looking to start building relationships and contacts with the local professionals! Initially I would like to find a bank/credit union that...