Guys, I have a 30 year - 3.75% fixed rate loan on 550k property that I am thinking of refinancing it into a 10 year ARM. Currently the loan has completed 2 years. Property is now an investment property for which the o...
How are you structuring your bank accounts to accept rent, to know who paid, if you have an automated/online system?I have a 4 unit, that i have turned over from section 8/low income, to student housing. I have te...
Is it possible to sell seller financed notes? If so, who would be the buyer of the note and what are the standard guidelines one looks for? i understand this is something a lot of investors do in the Houston market bu...
I'm looking for an FHA loan to help finance a 2-4 unit apartment in either the Bay Area or Los Angeles in one year's time. In securing an FHA loan, you can choose to work with a mortgage broker or a mortgage lender. A...
Hello - I am getting conflicting information.I have 6 conventional loans on my rental properties and primary residence. If I choose to turn my primary residence into a rental can I use FHA to purchase a new primary re...
Does conventional loan lender allow you to withdraw money from personal line of credit or heloc as down payment of investment property ? or it has to be seasoned? Thanks
Hey BP,I just closed on my first deal. I bought the property in cash through my LLC and have a cash budget for renovations. The after repair value should surpass what I put into it by about $20k or so. I'm currently l...
I have a question? I know how the subject to works and what needs to be in line for it to work. I was wondering if it is possible to do this with someone that has a land contract? Any help would be appreciated.
Yesterday was the day (finally) the sheriff came to evict my inherited tenant! Upon his leaving, the tenant asked when he will be receiving his security deposit (I couldn't believe it). In my leases, I include that t...
All, In talking with various investors, I understand that in certain states security deposits must be maintained in cash, cannot be invested, and accounted for in a separate account. Thus this would tie up tens of th...