what happens to the mortgage situation if one person amicably is taken off the mortgage (without lowering equity)? is the interest rate adjusted up for lower collateral and lower capacity to repay?
What would you do? We currently have a lease with a tenant that ends April 30th. She reached out today saying she wants to move in with her boyfriend to a bigger place with their kids & they found one they could m...
Hi all! Happy Sunday!I am in the process of analyzing and already visiting multi families with my real estate agent (who happens to be a very good friend I've known for a while) so that I can buy my first property, wh...
I am looking at purchasing a property using Contract For Deed while the seller still has a mortgage on the property. This would be my first Contract for Deed transaction so I have been taking tips from others in my ar...
Hi there smart experienced investors,I’m new in the game and have 1 rental thus far. I want to buy more but the lenders are saying that the income to debt ratio is close to shot. How do I acquire more properties getti...
I own a 4 Plex in Tucson and will soon be closing on a second one for a total of 8 units. I currently use property management, but due to certain issues, am considering changing companies. Does anyone have any suggest...
Hey all! This is my first post as a bp member! I'm new to rei but totally obessesed! I'm currently beginning my search for potential investments and Im seriously considering the Des Moines, IA market. I was born and r...
Hi All,
I don't think I have really ever posted on this board but have read it for years. This forum has given me great advice which has allowed me to purchase a few SFR's in the middle Georgia area at great prices....
This property was a foreclosure (obviously) advertised on the MLS for 122K. There was no address but the zip code said 33133, which is a very expensive area.The listing had no pictures and said it was a 1/1.I called t...
Good Easter Evening BP,
I have been working on a Canadian Relevant Spreadsheet calculator based on J Scott's (Here) which can crunch all my numbers for me. Trying to get estimated %'s and rates and averages f...