Marshall Hooper
Stress Testing ARMs in case of Interest Rate Black Swan event
I recently closed a wrap-loan with a local bank where I financed a home with a 3 year ARM on 20 year amortization and then sold the home as owner-finance with a 5 year ARM and 30 year amort. Having to this made me cri...
Kendall Smith
San Diego & Inland Empire Market!
How's the market in San Diego/Inland Empire? Anybody who would like to connect/network together? Any suggestions for title companies? Thank you. Peace & Love!!!
Kadisha Ledford
FHA 203k loan and the Conventional Fannie Mae Homestyle Loan
I’ve been talking to a number of Realtors who all have one thing in common, they try to convince me to consider a FHA loan versus a HML. The kinds the have offered are FHA 203k loan and the Conventional Fannie Mae Hom...
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Rental Cashflow/Profit Worksheet?
I saw in a book sometime in the past that had a worksheet to help determine if a rental would be profitable or not. I cant seem to find it.
Does anyone have a worksheet that they use to determine if the numbers work...
Njeri S.
Refinancing Primary Home, Renting it, then Purchasing New One
Hello,My husband and I are thinking of renting out our primary home and purchasing a second. I've read several forums, but I still haven't found an answer to my question. Is it possible to take cash out of the first h...
Sharee Mason
small loan options
I am wanting to take out a $6000 loan to remodel the master bathroom in a property I have for sale. Potential buyers are turned off that the master bathroom doesn't have a shower. My father is a contractor and will ...
Atta Bari
Down payment for investment property!
I know most of the lenders charge from 20 %- 25% for investment properties (Multifamily). wondering if anyone knows lender or tip to get anything less than that ... i.e 10% - 15%.
Thanks
Alexis Marie
Credit checks using Cozy
I see lots of people use cozy to run credit and checks on potential tenants. Does Cozy only provide a credit report from Experian? I thought it was good practice to check credit reports from all 3 bureaus on tenants.
Cameron Maples
BRRRR investing with traditional financing
I've been using the BRRRR calculator here on many properties and the purchase price has to be extremely low, for example, I found a property for $180k and the offer we submitted was $91k and was denied with a rude res...
Jason James
Equity or Cashflow - Owner Finance Deal
Good day all...I have a package deal of 5 SFR that I can purchase via owner financing with 0 down, 6% on 30 year amortization and 5 year balloon. Cash flow will be about $1,363.00 per month after all expenses. The pro...