Jack B.
Buy now before interest rates go up?
I have three properties, one paid in cash and two with mortgages. I still qualify for 2 more conventional mortgages which I am hoping to use before rates go up.At first I was having trouble finding decent properties w...
Gus Lembo
Credit disputes causing denials
I been puzzled by credit disputes causing denials to loans, especially because I own my home and have bought close to a million dollars in home hopping in the last 9 years. Now that I am trying to buy a rental for 50k...
Leonard Sanford Jr
Renovations while house hacking
Hello All!Brand new REI here and I am looking to acquire my first house hack. Everything about the property fits my criteria, and I am optimistic that my offer will be accepted! During an initial showing, I noticed th...
Art Martinez
Primary residence turned investment property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $263,000
Cash invested: $10,000
3 Bedroom, 2.5 bath villa style home. Originally purchased as my primary residence,...
John C.
Pay off Property?
Hello, I'm curious about the advantages and disadvantages of paying off my investment property. I currently have enough savings to pay off one of my investments (which has a 15 year loan) completely. On a monthly ba...
Craig Dieterich
first deal found! but problem with financing. Need advice
I found a turn key duplex for $50k with renters in place bringing in $900/mo. I pre qualified for a loan up to $300k for an investment property at 4.875% with 25% down. My problem is that $50k minus 25% down is only $...
Richard Warren
Crank Up The Printing Press
President-elect Obama is considering a $1 Trillion stimulus plan.
http://news.yahoo.com/s/ap/20081217/ap_on_go_pr_wh/obama_stimulus
I was concerned when they spent $168 Billion on those stimulus checks earlier this ...
Casey Murphy
Our first fix and flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $48,000
Cash invested: $50,000
Sale price: $125,000
This was a small 3 bed 2 bath in the small town I live in.
...
Ibrahim Hughes
How do wholesalers generally get paid on commercial deals?
I'm referring to everything from your small $250k - 1 million deal to the $38 million Hotel deal. Out of pocket from the cash buyer? As part of the Buyer's loan (doubt it but thought I'd ask)? From the seller's procee...
Jonathan Zheng
Financing for under 50k in Mississippi
Hi all,
I am currently eyeing a couple of individual SFH properties and a small 8-unit SFH portfolio. All of these SFHs cashflow great and have high CoC returns. They need minimal rehab to get to market. However, nea...