Does anyone know if it's possible to get a 1st Lien HELOC on investment properties? If so, what banks/lenders will do this? Any lenders have insight into this?
In still looking for my first deal, I've come across a pre-foreclosure with the sheriff's auction coming up in just over a week. I stopped by the house today and discovered that the owner (wife) was still living i...
My primary residence is free and clear and with an appraised value of 290k.
Rental property A has an appraised value of 150k and has two liens.
1. 33k balance on first mortgage at 5% fixed with 6 years remaining ($4...
Interest rates are going up. With commercial loans you have to refinance every 5 years or so. What is your strategy for financing if interest rates are high on a commercial loan and you can not afford to refinance the...
Has anyone gone through the Mass Save program for their investment properties? How was your experience? If you haven't yet, how come?
Hi,I purchased a second mortgage on a non-primary residence that is in default. I'm hoping to work out a modification with the borrowers to start receiving payments. This is the only loan I own in Kentucky. Balance...
Phoenix, AZ area has many newly built homes available for purchase. Any downside of purchasing newly built homes vs. homes say that are 10 year old so relatively new. Thanks, Ana
I might be feeding the wolves here but here is my situation.I moved out of an apartment a year ago. I was sent a bill for $600 (on top of my $300 deposit that was kept). While I didn't scrub everything from floor to...
Hi, i am looking to put an offer on the condo but i am alarmed after looking at the financials. It seems to be like the condo is heavily in debt and spending huge chunk of condo fees towards interest payment. Is this ...
Hi, Does anyone have a sample excel sheet with book keeping or accounting for someone that is starting up with rental properties. Basically what I am looking for is something like a detailed real estate balance sheet.