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Hello! I've been researching subject to deals and was curious about who is building equity in these situations. I understand that the buyer takes the property title but is making payments to the seller's mortgage comp...
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Hi Everyone,My partner and I have a deal in Greensburg, IN just outside of Metro Indianapolis that we don’t have enough equity to wholesale the property like we usually do but the owner has told us that he would enter...
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Hi friends,
I am looking at a property that is a vacation rental - it has solid rental history and already has some bookings for next year. Here are the details - the NOI is 90K, the cashflow is 44K - to calculate ...
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If I put 3.5% down on a FHA loan, will my mortgage payments reflect a low down payment or will FHA treat it like I put 20%? Also, if FHA doesn’t treat 3.5% down like 20%, would I have to get mortgage insurance?
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Hey! First time poster here and new investor, appreciating any advice in this new and scary world.My project, a conversion of a single family unit to a multi-family unit, is delayed by about 5 months. 2 months of the ...
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Hey everyone I need a little help,I typically fix and flip houses in Atlanta and the surrounding areas of Atlanta. I would like to start doing subject to deals by taking over sellers mortgage payments, then either ass...
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What search criteria do I select in Listsource to filter for 30, 60, and 90 days late mortgage payment (pre-foreclosure)? My choices are "recent added date" or "original recording date". I've tried both and and hav...
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Hello I know that these loans have predetermined payment schedules for every month of the 30 yr note. My question is what if I make a large principle payment? Will the large principle payment allow my next regular pay...
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BP!When you refinance a BRRRR deal at a 30 year mortgage, how does the payment on the mortgage work? Hopefully the rental income covers the mortgage and generates cash flow. However it’s a 30 year mortgage for xyz amo...
Does Rent Hacking work better than House Hacking in most markets? I am wondering whether it is better to rent hack than house hack in most markets.