Hello All!I'm in the process of buying my first piece of real estate, and I'm aware that an amortization schedule/ calculator helps me find out how many years I can shorten my mortgage by making extra payments on the ...
First of all, this site is a wealth of information and I'm really impressed with how helpful everyone is.Now to the question: I've found a property and negotiated a deal. Paying $55k for a house valued at $75k. No wor...
Subject To is definitely NOT a “No Money Down” technique”, Here’s why . . .
The obvious question is: "How Do I Keep Finding These Smokin' Deals"
It costs money to locate a willing seller. One of the largest wholesal...
I have a private money loan on one of my rentals that I would like to start making double payments on. The loan is structured with no early payment penalty and the application of payments as follows:All payments shal...
I am beginning to lower my personal expenses. So far, I have only gotten started by cutting a $97/month expense. I would like to cut more expenses. Would good could an extra $97/month do for my real estate business? A...
Hello.. looking for some advice here.. new to investment property.
I'm currently in the process of purchasing my first multifamily investment property. I'm due to close at the end of January
The home currently has ...
Hello All!I'm preparing to buy my first house. I will buy as a primary residence with either a 15 or 30 YR conventional loan and plan to rent it after two years of enjoying it and making it "tenant proof". After readi...
Good Morning Before I call my Lender back this coming Monday, i want to make sure that I'm not wasting there time and mine A Breakdown of the Scenario:Primary residence has $40,000 in Equity to get a $20,000 HELOC , I...
I am considering renting to a couple wanting to rent because they are in the process of selling their own home. I have already gone through the credit, income, and background check process. The couple has decent (not ...
A tenant that applied just filed Chapter 13 Bankruptcy several months ago and has a 600 credit score. His gross income is 4.6 times rent, but he has some after tax deductions (including bankruptcy payments he just...