Kathryn K.
Settling credit debt 4 less than owed?
I get solicitations from companies offering to legally reduce my credit card debt and get the credit card companies to accept a lesser amount as payoff. Supposed to be entirely legal. What are the criteria for doing t...
Steven Grabowski
ISO First Deal - How does this sound?
Okay, So I guess this isn't my first residential rental. I have another duplex that I lived in, couldn't sell, so now I rent it.
This is my first property bought with the intent of renting it immediately.
This hous...
Raden Mantuano
Seller Financing Concern...
Hey everyone,I've come across an opportunity in the Los Angeles area for a seller financing deal. Based on my conversation with the homeowner, its looking like a 0 down, interest only deal, fully amortized in 15yrs, w...
Aron Roytenberg
House-Hacking Question
Hello everyone,As a young/new real estate investor, I would be looking to house-hack my first property. However, I have a question when it comes to analyzing cash flow while house-hacking. For example: If I were to bu...
Jonny Morris
Understanding my debt to income numbers for HELOC appointment
BP – I would love your input on any of the following points (1, 2, 3, 4, 5)
I am excited to be at this stage but wonder if I am a little ahead of myself. I have scheduled a HELOC meeting with the bank as I would lik...
Michael J.
New bill introduced in New York re FICO scores...thoughts
I'm not sure if fellow investors based in NY are aware but; there was a new bill introduced that may dramatically hinder how potential tenants are screened. I cant see how this is beneficial to an investor considering...
Duncan Milne
HELOC included in Investment basis for ROI and COC?
When financing a portion of a down payment using a Home Equity Line of Credit, should the credit portion of the down payment be included in your investment basis for the purposes of calculating COC and ROI?A simple ex...
Michael Frigioni
Refinance owned home
I am new to real estate I own a couple homes outright no payment, I want to refinance it to buy more property, I don't have alot of money on tax returns so is my only option one of these high interest private cash out...
Chris M.
Income requirements for FHA loan?
Hey guys, I've got a question about income requirements to get approved for a FHA loan. I'm planning on purchasing a $250,000 house with a 30-year-fixed FHA loan with 3.5% - 4% down. My goal is to have a monthly mort...
Joseph Scorese
8 Great Tips for Evaluating a Real Estate Investment
8 Great Tips for Evaluating a Real Estate Investment Due to the Rock bottom real estate prices are attracting some new real estate investors into the market. But before you become a landlord, be sure you have a strong...