Rookie here. I’m close to my first purchase. The property is a foreclosure due to death. There is no family. I’m working with the decease's attorney. I pulled the Title Report and found there are 3 DOT. The owner had...
Anybody have some advice on how banks see potential rental income when determining the loan amount that an applicant can qualify for? Just want more ways to enter an expensive market. Thank you in advance!
I'm a first-time home buyer from Southern California interested in buying a duplex. I'm a registered nurse a year fresh out of college and I want to buy a duplex with intent living in one and renting out the other. I ...
So I was wondering, that if I'm finding properties that the cash buyers/flippers want, couldn't they cut me from the loop to make more money? Why would they want to go through me when they can put ads out about their ...
Hi all,First, I live in GA, just to get locale established. We have 30 days to send itemized deposit receipts. The tenant I just got rid of... I went through his deposit in a day in terms of damages. I'm also planning...
I gotta ask. Why in the world do all these goofy commercial lenders use DSCR calculations as part of their guidelines yet so many of them calculate it differently?Why don't the moronic lenders just change the dscr num...
Scenario:House is worth $65,000. (BPO)Homeowner has a 1st for $58,000 and a 2nd for $15,000. (CLTV 112%)Purchased the NPN 2nd for $2,000She is behind on both her 1st and her 2nd by about 30 days now. The homeowner ...
I am wondering if you are able to house hack a tri-plex or quad-plex in WI or MN? Are you able to get an FHA loan on these properties by owner occupying one of the units? I know you can get an owner occupied/low perce...
Here's one of my pet peeves......watching a House Hunters show right now and this couple doesn't like a perfectly beautiful house because of the paint colors in one of the bedrooms.......really?
Day in, Day out, I post properties! Over and Over again! I need a marketing service that can help! I have $1000 a month on it! Do you have anyone you can refer me to?
-M
:cry: