Sorry for such a long post but details are criticalNeed some guidance regarding my friends situation. He will loose his deposit and all loan fee paid if he did not get this loan approved = 2K (loan fee non-refundable ...
I just purchased a 1st trust deed in CA for the 1st time where the borrower had already gone MIA from the start to where his phone number was no longer in service and there was no way to contact him other than an addr...
I purchased a tax property in Birmingham al (Bessemer-Jefferson div) and recorded it on 8/7/2017. The original owners have passed away, but I have received a number of letters saying they were going to redeem, includi...
Hi friend. As an STR investor and mortgage loan officer as well, much of my focus this time of year is on helping my clients prepare for upcoming loans, and specifically on how to maximize their DTI. Some of my client...
So, I'm looking at a 4 plex deal in the Lehi, Utah. A nice area just south of salt lake city. I'm calculating my expenses and income. Am I missing anything? Purchase Price $500,000.Monthly expenses$2,839 principl...
Hi All,
Wanted to get your thoughts on if we should hold a house cash or do a cash out refinance? The details: "All in" after rehab at $145,000
Tenant in place at $1,550/month We can do a cash out refinance into a...
First time post long time forum follower here.
I recently came across a small mobile home park with 4 mobile homes that is in pretty good shape and fully occupied. I ran the numbers and everything looks good showi...
Question as I want to make sure I am doing this correct1) have list of homes on the tax deed website that are behind on property taxes - how far out should I be looking i.e if a home is set for auction 3 months out so...
Hoping someone can shed some light for me. I've been paying escrow+mortgage on rentals since 2015 and never had this happen to me.Details:Mortgage company does an escrow analysis and finds the following:2023 Taxes $1...
Hello real estate community .I’m looking to expand my small portfolio of 3 doors. After listening to podcasts and talking to people , it made me feel that Apartment buildings is pretty solid wealth building tool. I wo...