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I'm new here...Our house is underwater by more than $200k. There's no sign of it being anywhere near what we owe on it, let alone 20% over in order to refinance in 3 years. Yes, this was a 100% financed, 7 year lock...
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Hey everyone,
I've come across an opportunity where the seller owns a large house and also owns a vacant lot adjacent to the house and is trying to sell them as a package deal. This deal is pretty enticing to...
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I would love to get some insight from anyone on the site who has dealt with this situation.
I think many of us are aware of 90-day deed restrictions. Has anyone had any trouble borrowing funds to purchase an FNMA ...
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I am getting a cash out refinance mortgage on one of my rentals and will be using the cash to rehab another property to rent out. As I understand it, the appraisal fee and some other closing costs are not immediately ...
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So,
I'm a new investor and reading a lot but haven't seen a direct answer to this question. Currently I have a good paycheck, excellent credit and low 6 figure net worth(approx 75% liquid). Getting mortgages shouldn't...
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I’m need need of assistance! I have a deal that supposed to close a month ago. Down payment and closing cost already wired to escrow. The Current lenders are dragging out the process asking for last minute documents w...
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Hello everyone, I'm an engineer in Richmond Virginia. I have some investment experience in stocks and cryptocurrencies but the volatility and risk involved in both have motivated me to look for other ways to invest, s...
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A while back I posted my ideas about partnering up with my fathers company to create some equity by renting out units to the employees. Fast forward almost a year later and I took people advice and I'm not doing it. I...
I have a tenant going on the third month not paying the rent. She wants me to make a 3 hour round trip to meet her so she can pay cash. She has a job. I sent 14 day notice to pay or quit as certified mail in which she...
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Does anyone know of lenders out there that will loan for a vacation rental in Mexico? My wife and I are looking to purchase a condo in Puerto Vallarta. I wonder if there are DSCR loans for STRs/Airbnbs in Mexico? Or s...