Roy Massey
Locking in intrest rate
Should I agree to not be able to refinance for 5 years to get a lower interest rate or do you think rates will go down low enough that refinancing within the next 5 years would be worth it?
Ryan G.
Closing Costs with Portfolio Financing
Can someone assist me with this question? If I use portfolio financing, what are the closing costs associated with that? Also, are there any unforeseen downsides to using this method? Thanks!Property is a Single Famil...
Alyssa Davis
Negotiating an Off-Market Deal
For those who have bought directly from the owner, what are some favorable terms you've included when creating an offer? So far I'm looking at junk removal (owner uses some of the rooms and garage as storage), flexibi...
Matthew Geiger
Refinance Personal Residence
Hi,
I am just getting started and wanted to free up money to be more flexible. My current home has LTV of about 50% and I am on a conventional 30 year at 3.5%. I've been paying Bi weekly payment and will continue t...
Octavia D.
Purchasing a property from an LLC rather than a Realtor / Bank
Still learning and practicing on finding deals and what to look out for, I noticed that some properties are posted by LLC's and not a realtor or bank. Since there's much info. about doing deals with realtors and banks...
Josue Vargas
1 year lease + month-to-month vs. 6-month lease? Plus and Cons?
What are the PROS and CONS of doing a rental lease for one year plus month-to-month after the expiration main term vs a 6 month lease plus month-to-month?This is what I think and my experience, but looking for opinion...
Joseph Lucido
Tax Guidance on partnership in rental property
Hi, so a partner bought a duplex back in February. He was able to purchase with a low down payment. We had an agreement that we would split the closing costs/down payment for a 50% share in the property. Agreement i...
Lincoln Coverdale
Cash out Refi or Line of credit on a $50K investment property....
I am looking for advice on either getting a cash out refi or line of credit on a SFR investment property that I own out right and have 1 year rental history. The house appraised for $65,000 last year and I am only loo...
Alex Stepanov
Trying to get HELOC on rental property
Hello friends,I am trying to take out a HELOC on one of my rental units (which I own free and clear), and for some reason I cannot find anyone who would be willing to lend. To be specific, I am NOT looking for privat...
Lennon Turner
Picking a Brokerage to work for? Things to consider.
Hi All,I'm taking Real Estate classes in Michigan and I was informed that in order to get my license, I must work for a broker. What things should I take into consideration when picking a brokerage to work for? any ad...