Good afternoon all!
One of my tenants that I've had for several years is interested in purchasing the home that he's currently living in (he's rented two different homes from me). They've been good tenants but don't ...

I've never invested in investment rental properties and I have a question.  I am buying a small multifamily unit for $1.535mm and will put down 30% and borrow 70%.If I finance purchase with a 15yr fixed my monthly pay...

Two years ago, I borrowed money from an investor which I used towards a down payment on a 20-unit apartment complex. Terms on the loan were:Amount: $100,000Rate: 8.0%Amortization: 25 yearsScheduled monthly payments ar...

I have a relative that is up in age and no longer able to afford the mortgage and are falling behind. They have a balloon payment for the principal due in 10 years. How do I help them stay in the house, while getting ...

I would like to know if I’m making the right decision by refinancing or should I just leave it the way it is. Any feedback or advice is helpfulClosing cost is around $5k + 650(Appraisal) = $5,650.Current situation:Ori...

Hi all,I had a bookkeeping question for you buy-and-hold folks out there. This is probably a very basic question for the pros, but I'm  am just about to wrap up my first official year as a formal landlord, and wanted ...

I have a mortgage of 30 years that was taken an year ago and paid 5% down initially. I want to pay down additional amount to remove PMI. What does that do for me? Does it reduce monthly payments or keep the monthly pa...

I have had a 30 yr mortgage on a rental condo since March 2018. Here are some details before I continue: Original Principal: 84KRemaining principal: 62K Interest: 5.25%Monthly payment: $722 + whatever extra I pay on t...

So I am maxing out a HELOC on my primary residence to purchase my second investment property, an 8 unit. Here's my question: Should I take the interest only payments at %5? Or roughly double my monthly payment by maki...

Hello I had a question been looking at listings and FB groups. While reading alot of them backing down  loan and terms I see PITI but I am not sure what it stands for any help please?