Joseph A.
Having trouble accessing equity in a property
I have a property that I own free and clear and would like to do a cash out refinance. I have a unique situation that I'm having issues with. I have lenders willing to do a cash out refinance but I don't have W2 incom...
O'Neal Brown
First Big Investment?
I won't bore you guys with the backstory, but soon I am going to be voluntarily living in the back of my pickup truck in Los Angeles for one year. My credit is excellent, I am debt free, no wife, no kids, and I have a...
Niecola Roberts
The tenant hasn't paid rent since the moratorium began
Any help would be appreciated. I have a tenant who hasn't paid rent since March. They have notified me that their income was reduced due to Covid-19. They sent me an email stating that ”they know their rights and do n...
Nicole Dechow
Brrrr project Lancaster
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $92,000
Cash invested: $58,000
Single family home 3 bed 1 bath in nice area in the city. We added a half bath and m...
Paul Nagy
Deal Analysis - SFH Foreclosure in Kansas City
Hello everyone! I've entered into a contract to purchase a 3 bd, 1.5 bth 1600 square foot HUD foreclosure in Blue Springs, MO (middle class suburb of KC) for $49,500 CASH. The home needs approximately $30k worth of...
Everson Travers
MRIS
Is this a must have??? I don't have a solid Real Estate agent on my team yet, but from what I'm seeing you have to have access to this. I just see the information on there from the REIA's and the education courses. Wh...
Colin Williams
Foreclosure Auction with people still in the house
I want to preface this by saying that I'm not looking into bidding on this particular property, but I have a question about this situation. I received a notification about a REO going up for auction on auction.com beg...
Andrew M.
Rehab loan for prop I bought with cash
I want to preface this that I am not using this post to shop for loans. Any commercial services will be ignored. I am simply looking for information regarding the feasibility of my plans.
I've been looking to buy a r...
Michael D.
Need some clarification on 203k loan
I see many houses for sale, that are stated as "Require 203k loan". I spoke with my mortgage broker and, I'm still not clear on the appraisal process. It seems to me that some of the numbers are based on the After Reh...
Hector Briz
Advise me on owner occupancy
Hello,
Need your help how you would proceed here.
Relevant info:
I’m a DACA recipient. My job is in Austin tx although currently residing in McAllen tx due to covid and working remotely.
Job doesn’t require us to...