I am working on closing a duplex (my first). The seller has made $5000 in repair concessions after the inspection.
I would still like to finance the full amount ($98K), so I have ready funding. Should I figure out ...
Just like another opinions.Option #1 So would you buy a house for say 35k knowing have to put in 30-40k to make livable. Could potential rent for 1000-1300. However now you know how the bones of the house is you repl...
Hello I have a simple question- there was a property that went pending for $450 and came back in the market - so my offer price $415k @ 5%/30year fixed interest with 25% down, here the builder is giving 20k towards c...
If a motivated seller is financing me his houseCan he make me pay interest? Like 5.12% interest or 4.24 interest?
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I am under contract on a house hack! I am using a USDA loan and will end with very little if any closing costs. I have the opportunity to buy points to lower my mortgage. The minimum rate i can buy is 6.5% and it will...
Hello,My first and only rental property I purchased in 2007. It is a 2b/1b 2 Unit Duplex and was purchased for 240k and now worth 130k (for obvious reasons). Due to the recession I had to lower rents to stay competiti...
Trying to close on our first 4 unit this week. Everything has gone relatively perfectly until now. We got the appraisal back Monday, and although it was at the exact valuation we wanted, and didn't require any changes...
My lender provided me a rate of 6.375%. This is for a 20% downpayment. If I put down 25%, I can get the rate lowered to 5.75% (a decrease of 0.625%.This does raise my cash on cash return. Should I do the 20% or 25% do...
I have a property under contract and the seller is selling it lower than what we signed for. They are asking what are my commissions and fees. Because I am not a licensed agent I cant accept commissions, correct? Do ...