I purchased a single family home for $50,000 cash and it is currently rented for $1000 per month with an annual lease. While I wait for interest rates to come down, and for the property to season 6-12 months, I'm tryi...

Tried doing a cash-out refinance with Quicken to find another deal and this is the response I got:

Unfortunately when I submit this through the electronic underwriting system I don't get the thumbs up. Your credit i...

Hello, we are in the process of pherchasing our first property( Hopely) Seller is a bit motivated to sell and we want to do short term rental. when you submitting offer how do you guys calculate? We want to make sure ...

Hi I'm new here and seeking some advice. I have two rental properties with considerable amount of equity. They also have really good cash flow. I'm considering doing cash out refi on the one with the most equity to us...

Happy New Year everyone!Does anyone have an Excel spreadsheet for analyzing seller-financed deals? I'd want to be able to do a quick analysis that includes the following:Agreed-upon purchase priceFinance details: amou...

Hey, all!,Thanks for taking the time to read my post. I have a few different deals but I have found an off market property that I am interested in. The asking price is 77K and a couple different lenders that I have wo...

For a turnkey property, or one that requires little fixing up like painting, what would be a safe amount of cash that you should have? This cash is strictly for the property, not personal living expenses.  I'm not loo...

I know everyone talks about lenders wanting seasoned MFH that is rented for 6-12 months before refinancing; however, are there rules of thumb for cash out financing/home equity loan on a cash purchase SFH? Looking at ...

Hello BP, another stupid question that i can't figure it out.I had read about refinance but my brain just cannot seem to calculate the figure that is shown in "Refinance" posts. It would appreciate if someone can give...

I have realized I can make the deal I currently have into a much bigger profit if I were to (instead of wholesale) buy it myself and list it for a great retail price. The issue is, I’m a complete newbie with no credit...