Jeffrey Valancy
Fha streamline: escrow cashout or lower monthly?
I am looking into a fee fha streamline options. I currently have 5% interest and pay 1758 per month. I'm working with two lenders, one says he can get me 4.5% and a check for my escrow balance of 4000. The new monthly...
Eric P.
Rate lock expired.. rates much lower now.
We're in the middle of purchasing our first rental. The process is taking longer than expected which is okay. Our rate lock is expiring, and our mortgage broker sent us documents to sign to re-lock the rate. We did...
Makan A Tabrizi
New (ish) Colorado law Lowering Income Requirement
Colorado limited income qualification to 2X rent recently. Does anyone have a strategy to protect against less-than-qualified tenants getting approved? I used to charge the equivalent of one monthly deposit for qualif...
Chris C.
When should I lower my rental listing?
Hi! I'm a newer investor (3rd property) and I am listing a newly renovated property (3 bd 1 bath). New lighting, boiler, hot water, flooring, etc... pretty nice. I have listed it on zillow for 20 days now with inter...
Stephen Thomas
How do I lower my W2 income?
HELP OFFSET HIGH W2 INCOME! As the end of the year quickly approaches, I have maxed out my 401k and wife’s 401k and both IRAs. We have a primary residence and a Airbnb rental unit that we own and manage. We purchased ...
Sean Salandy
Will using HELOC lower my credit score?
I am planning to use my HELOC to purchase a property. The plan is to then refinance the property once the seasoning period is over and then pay off the balance of the HELOC and do the process over again. My question i...
Brandon P.
Finding a realtor for lower priced homes
the house im looking at has an asking price around $5,000. Ive already contacted a couple of realtors who flaked on me, im assumeing its because their commission would be so low on such a low-priced house.What should ...
Eric F.
Anyone know about Zebulon? Lower end houses?
I have spoken with a seller about a house in Zebulon, NC and we have agreed on what he would like to get. The trouble is there are no sales near the house anytime recently. It is close to downtown but on a low income ...
Sajan Mahajan
Return on cash on lower risk apartments
Hello guys,
I want to buy my first 4-8 plex to diversify my investment portfolio. Want an income producing hard asset to hedge against the stock market as most of my investments are in the market. I'm 35 ye...
Elisabeth Hernandez-Madrigal
Appraisal Came In Lower than Asking Price
Good afternoon everyone!Property: Original sell price $52,500, negotiated price down to $50,500.I am in escrow on the property (Purpose is Lake House Vacation Rental).My question is this, we just received the apprais...