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Why don't lenders count rental income for loan purposes for first 2 years when you may be paying taxes on this? Are there any exceptions?
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Well, no, the fed cut the fed funds rate which is the rate that big banks lend money to each overnight. Therefore, the Fed decides what the shortest-term loan cost will be. The market decides what every other interes...
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I am a first-time investor in a contract on a home that is 74K. After the inspection, and requesting all things be fixed, the owner has come back and said that they will lower the price to 69K and that they will only ...
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‘Our city just at this time is dull except [for] Real Estate Speculations, upon which our people seem crazy. I drew papers of a piece of property today for my friend “Hood” which in 1846 cost him five dollars. It sold...
I am just about to finish up with the purchase of my first property. It is a stacked duplex, where I will be living in the smaller upstairs unit. We plan on living there for a year or two.I would love to hear if anyon...
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What are some exceptional PM companies in the Detroit area?
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Hi all,I am currently trying to rent out a 4be/2bth unit in my new building and wanted some advice on potential tenants.I had four people looking to rent the unit as roommates. One of them has a eviction on his record...
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Hi all,
Does anyone have any recommendations for a lender that will do a cash out refi in less than the 6 month seasoning period?
Thanks
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My son and I are buying 3 multifamily apartments in Knoxville TN. We are paying cash. Do we need a real estate attorney to review the closing documents. We will have 3 days to review them before closing
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All,I moved to Austin 2 years ago, still renting and finding that real estate is getting real expensive here. Homes in desirable neighborhood are getting out of reach. I see that going out to the country side (pretty ...