I'm currently marketing to probate and have come across a lead that has a mortgage that is close to what the property is worth. The only question I asked was about the total of the remaining mortgage and was going...
Hello allI’m looking to start my journey of creating a real estate portfolio for renting. One thing I’ve come across in my research is what’s called a “cash out refi”. Could anyone here educate me on what that is exac...
Our PM company and our numbers aren’t adding up... this is from them...
“As we are required to hold the amount of the security deposit, it is deducting from the ending balance each month and what’s left is sent as ...
Hey all,I've listed my first BRRRR property for rent. It has been renovated REALLY well and I got a LOT of inquiries the first week. Now it has dwindled down. People don't reply back once I say that one of the require...
Investment Info:
Large multi-family (5+ units) commercial investment investment in Spartanburg.
Purchase price: $2,900,000
Cash invested: $100,000
39 unit, B-Class asset in downtown Spartanburg which...
Hello All,My wife had her own house when we met, we live in the house I owned. She has been renting her place out since 2014.If we sell her place can we use her equity to pay down the mortgage on the house we live in ...
Investment Info:
Other commercial investment investment in Washingtn Twp.
Purchase price: $140,000
Sale price: $222,000
Terms: 10 year Land Contract. 6% interest only payments on balance. Balloon ...
I have a rental property in my name that I want to transfer to my real estate LLC for liability protection. I met with an attorney today and he informed me that my mortgage agreement section 18 states that interest in...
Would you agree with market rent reduction for a tenant who is behind on current rent? The tenant is currently on a month to month rental agreement and claims COVID 19 eviction protection due to his reduced income. He...
I'm listening to podcast #2 and the guest is sharing her first deal. She got it sub2 bit got the seller to pay her over $9,000. How's that work?