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Looking for help from The Vacation Rental folks. I recently went into contract on a vacation home that I obviously would like to use as an investment property, however when going through the verbal agreement phase of ...
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I am looking to purchase my first rental property. Love the idea of house-hacking and the ability to use FHA loan. However, my area of CT has minimal options for multi-family homes. I am at a point where living with r...
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I am looking at purchasing two 3-unit townhouses as a package deal. Each townhouse is $90,000 each, for a total of $180,000. I am going to get a separate mortgage note for each property.
I talked to a bank the other...
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I have a deal the home FMV is 138k and the ARV is 220k. The payoff amount of the loan is 119k but to reinstate the loan is 13k with attorney fees, insurance etc. How I traditional do wholesale deals I would factor in ...
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Hello I’m new to investing and have come across this beautiful vacant church with 11,000sq ft that would be perfect for turning into apartments with 100,000 dollars or more of rehab bringing the deal to about 350,000 ...
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HelloI am in the process of refinancing my loan and lender indicated that they need to see their name as loss payee on the home insurance policy document before the loan closes. Firstly,How is this possible while I am...
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I am purchasing a home using a wrap-around mortgage. The seller has an attorney writing up all the paperwork, but the question has come of insurance. The deed is staying in the sellers name until the loan balloons (6 ...
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Is it possible to get a loans on a paid off investment property that does not have homeowners insurance?If it is, please name the lender that does it?thank you in advance for your answer
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I'm here to learn, looking for advice, tips, wisdom, and maybe to offer the same to those who may be even newer than I. I purchased my first 2 investment properties (both buy 'n holds in the Austin Area) this year. ...
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I have two properties in escrow in Saint Louis City. They are both four family properties in desirable locations (quality tenants).The purchase prices are $349,000 and $290,000. However, as these properties are all...