Newb question, apologies if posted in the wrong spot. I read about situations where investors would buy properties with cash at below market value and then refinance them to get their cash back out plus more and use t...
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Hi. I am in the process of closing on my second rental property. I will then have a duplex and a four-plex. These bring in more than enough each month to cover utilities, taxes, maintenance, etc. I often here of inves...
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Is the entire industry plagued by people who think they're entitled to a chunk of every deal without working for it or being responsive to customer needs?I called a mortgage company that is capable of doing 203k loans...
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Hello. Can anyone explain how an assumable loan works? I want to help out my parents with their mortgage payments. Can I make a mortgage payment to the lender on their behalf without any consequences to me or them?...
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Hello All,
I put in an offer on a short sale back in Feb for a primary residence . It's now October and we are no further along. I fully understand that a short sale can take a good while and in many cases the bank i...
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So I am leaving the bank. I won't mention the name but it rhymes with ells argo. Where I was essentially treated as if my business was not important and my investment property was of no concern.
First I will give a ...
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I own one rental house. I owe 60k on it and it rents for 675/MO. My husband owns our primary residence. We owe 125k and it is valued at 170k. We applied for a 40K HELOC to finance our next rental under that house. My ...
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Looking for Real Estate Line Of Credit. I am trying to use the equity I have in one of my investment property. Sitting about $250,000 in equity. I rather not refinance and do a cash-out. Are there banks you recommend ...
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Tenant has been making small payments towards the total move-in costs. We are one day before move-in, and tenant is 40% short. Already questioning my judgment and wondering ... if the total move-in costs are not full...
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I have an agent with whom I've had a long term (past) working relationship for several years. 99% of her business is (no surprise in this market) short sales as a seller's rep. I, of course, am wanting to find a way t...