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I am currently trying to purchase my first investment property. With my business being commission based I have no proof of income to receive an actual loan from a bank. Do you guys have any tips on how to approach rea...
So I’m finally moving and leasing out my current homes. It’s the most expensive one in our neighborhood right now, but we also put a ton of money into fixing it up.
We’ve had two applicants now that said they’d sign...
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Hey all,
Curious to know, as prospective tenant, what the 'etiquette' is as far as lease and rental negotiation for those who seek to negotiate a lease. Do you typically apply to rent first, review the lease, and the...
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I would like to refinance a condo in Destin, FL being used as a short term rental. I found a lender who offered rates that seemed too good to be true (6.125% 7 year ARM) but found him through recommendations from othe...
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I need to choose between 2 HELOC offers, one with Penfed, the other with Zions bank. Penfed is offering me 115k, variable prime + 1.5% rate, no closing costs. Zions is offering me 100k, variable prime + .94%, about $2...
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I'm considering owner financing in order to sell a rehab. I've read some threads on here but I've never used OF. So I'm looking for some BP advice:
Sales Price-$67,000
Down Pmt-$15,000
OF Loan-$52,000
Interest Rate-...
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I’m being charged 2.85% for discount points at closing on a secondary/vacation home mortgage. Seems a bit high. Can someone please advise?
I live in the northeast but I’m purchasing in SC where taxes are considerably...
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I'm looking to get an idea of other peoples insurance premiums in the Chicago area. My premium was about $2800 the past couple of years with State Farm but recently jumped to almost $3200. That seems a bit high and I'...
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Looking for advice on how to get in front of private money lenders who would be willing to take my 1st position in a portfolio of six SFHs and one duplex in Charleston, WVA. My acquisition loan is at a high interest ...
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I've only recently been interested in real estate, and have learned that with an FHA loan I can buy up to a four unit multi-family home with it. But I have to live in it for a minimum of one year. The only multi-fami...