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Do you tell your buyers your assignment fee before closing? I have friends who have been asked by potential buyers what their assignment fee will be even before they sign any contract. I really do not feel you shoul...
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Hello Everyone,If I own a non-occupied rental, am I still eligible to use an FHA lone for a separate rental property that I will owner occupy?Thank you
Does anyone have recent experience closing remotely. I'm a US citizen but currently living in Thailand, working on my first property, have agreed on price with the seller and was excited to move on to next steps. Wh...
My wife and I own a "second home" in Reno Nevada which we purchased with 10% down and were planning to purchase another one, but our lender told us that we can't get another loan for a second home within ~100 mile rad...
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If a multifamily owner sells a portfolio and then owns only a personal residence, but has cash from sale, will they be a less desirable borrower to lenders? In other words, does owning an unencumbered cash-flowing RE...
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Hi all,I currently have a conventional mortgage on a townhouse I bought a couple years ago. I am currently looking to house hack a duplex and keep the townhouse and rent that out as well. I was told by a mortgage le...
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Trying to post this again.I was given a property some years back as a donation. So the property is free and clear of any debt. Unfortunately, I was not able to use it as rental property and start my venture into rea...
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Do DSCR loans used on property purchased under a business name show up on personal credit? I’ve heard that they don’t but then I’ve also heard that they can if you miss a payment.
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Hi,So I have a question based on this hypothetical to see the mechanics of a refinance, specifically a cash -out refi. So, imagine I purchase a home for $25k and then do renovations to where the value is increased by ...