John S Thomson
Hello all advice on pre-approval
Hello all just getting started well actually just started thing about real estate been listening to the podcast at work since I found it in July . Question is where is the best place to try pre approval? Should I go t...
James Crothers
Rental property goal
Goal to own 10 rental properties over the next 3 years networking with like minded people.
Cuong Thai
Closing Cost
Good morning Everyone, A few weeks ago, I posted a question about refinancing my property. I was able to find a mortgage broker who has agreed on GFE to work with me on refinancing my property. He quoted me 3.879% w...
Erin Schreiber
Duplex: refi or sell?
I have to either refinance or sell a duplex in the next 6 months as part of divorce proceedings. Currently, it is rented under market value, grossing $2700/mo total , with a monthly mortgage payment of $1561, and me p...
Dennis Nikolaev
Disasters on Refinancing "R" of BRRR
The glitch of REFI seams to be the most common problem in multifamily BRRR.
Imagine obtaining hard money and then not being able to pull out the equity from a repositioned project! Or grossly overestimating the After...
Matthew Anderson
Considering a Refi and Sale of a Flip
I picked up a house in Sep. for 577k with an ARV of 800-810k. I took hard money, note of 522k. Paid for the down and renovations out of my pocket ~57k+130k. Selling will make a little money, but it’s not a ton. The h...
David Gale
VA Home Loan to Rental Property (Advice Needed)
Hey Everybody! **Posting in this thread as "Getting started" didn't generate the replies I was looking for.
Brief intro: while I was in the Marine Corps, I found BP and started absorbing as much info as possible. I s...
Maxwell Lee
Subject To (previous owner's mortgage)
Hi, I am wondering what is the proper way to close out a mortgage on a home we acquired subject to. We purchased the property a number of years ago, the loan has actually since been sold to a different lender, and we ...
Howard Chen
Oct. 2021 House Hack Update
Investment Info:
Single-family residence buy & hold investment in Sacramento.
Purchase price: $417,092
Cash invested: $14,600
Oct. 2021 Update #2: A tenant has been secured for room 2, this tenan...
Howard Chen
Oct. 2021 House Hack Update
Investment Info:
Single-family residence buy & hold investment in Sacramento.
Purchase price: $417,092
Cash invested: $14,600
Oct. 2021 Update #2: A tenant has been secured for room 2, this tenan...