Tatyana Shevnina
Impound Account Cancellation Question
My lender would not let me cancel my impound account until my LTV is 80% or less. Their LTV is based on the appraisal from 1.5 years ago (much lower value) rather than current FMV and they wouldn't revalue the propert...
Darrell Crosgrove
Closing costs -- HOW MUCH???
Got a question -- have a family member who is looking to purchase a rental from someone she knows, and is seeking to refinance her own home. Her lender is supplying terms for the rental property which... simply put I ...
David Cherkowsky
Loan Option Advice for House Hack in Alexandria VA
Hi All,I am purchasing a home to house hack in Alexandria VA. I have two loan options, and I am interested to hear thoughts between the two. They are very different, which is making me struggle with comparing them. Pu...
Elizabeth Landwehr
Marshall FIre Rebuild and Under Construction Financing options
We lost our home in the Marshall fire at the end of 2021. Luckily we had great insurance but we decided to bigger than before and we need to fill the gap. We are already framed up and roof is going on this week. Do...
Rafael Ortega
Buying Real Estate under LLC or your name
Hi Team,
I have two properties under contract ( single family homes). Should I buy them under my business name LLC or just under my name? these will be my very first rental properties. I will use hard money lend...
KATHY H.
Cash out refinance on rental property
Recently purchased my first rental property (basically turn key) two months ago with cash. The property is around $90k. Now I would like to refinance this property to get some cash out. Called around for a couple quot...
Jay Ag
4% origination rate FHA
Closing on my first MFH with an FHA and just got the closing docs. Lenders origination rate is almost 4% is that too high ?
Garrett Karnath
How to reduce prepaids/closing costs?
Hi! My wife and I are officially under contract with a new primary residence, with the goal of moving and then turning our current home into a rental. What are some things I can do after going under contract to lower ...
Michael Young
MLS Find
Hi all,
I've come across a great house that needs a ton of work to be livable. It's listed on the MLS at $190K. The pictures make it look like it has mold, maybe some floor rot on the main floor above the basement. R...
Dave Mustaine
Selling house Appraisal
I'm selling my first house and just had the home inspection. The buyers attorneys letter states the appraisal shall not be ordered for at least 5 business days after the attorney review period. The bank ordered th...