My neighbors are going through bankruptcy, I think its chapter 13. They have a couple of rental properties that are included in the bankruptcy. They are upside down and will result in an eventual shortsale. What hap...

I understand that a typical rental analysis takes the monthly rental amount, sets aside 5% for vacancies, estimates 50% for expenses, and then makes sure the remaining 45% pays debt service and leaves a profit.But I'v...

ANY advice would be VERY appreciated! 2 Issues:I am in UNDERWRITING and now they are asking for CLEARED CHECKS from a private mortgage - Years of History of the Owner Cashing Multiple Checks at One Time - AND the Loan...

So, I have been researching a house for over a year that had been vacant, and finally tracked down the owner through a skiptrace company. He told me the house originally mortgage was free and clear, but he took out...

I have a rental in Reno fully paid off with current value of ~ $180k. Want to buy more rentals. Should I do 1031 exchange or do a cash out refinance? What are the pros and cons? Thanks Regards Francis

Hello,

I just found my first property, the seller wants to sell at 20% discount compared to what he has paid a year ago (new building) + free new furniture.

Now I want to go to discuss with the bank. Usually banks t...

I'm curious about how debt to income ratios are calculated- in particular, income from other investment properties. In chess, if you are up a piece, you want to do even trades to water down his men and have a higher p...

If lender's maximum desired ratio for borrower's mortgage payments to gross monthly income is 28%, how can a person with average income ever have a mortgage on more than one "average" property?Income from investment p...

So a good COC return is a lot easier to obtain when using leverage.  When purchasing all cash on the same deal it's a lot more difficult to get a similar COC return, the numbers aren't even close.  If purchasing all c...

My husband and I are in the process of closing on our first investment property (but it is only under my name). We want to refinance our primary residence at the same time (under both our names). However the lender ha...