Valerie Menke
Check or Cash for Return of Security Deposit & "Cash for Keys"
I bought a property with long term tenants in place and offered them 'cash for keys'. The security deposit they paid 20 years ago was transferred to us during escrow so I was planning on giving them two different chec...
Casey Rondinella
What do you think about this deal? [Calc Review]
View reportPhoenix Arizona near downtown* is there an issue with ARV? I put it as "$400,000" in form but says more than $400,000 on report * what about 50% rule? seems to break the deal.* Seems like cash on cash retur...
Account Closed
being charged 5.125% mortgage rate for credit score of 845.
Hello,
I am buying my first out of state investment property in PA.
3/1.5 SFH.
Purchase Price is 110k , needs a new roof, some TLC. Planning for 20 % down.
Similar fixed up properties there are going for 150-1...
Aaron W.
Delayed Financing Question
I am trying to get a better understanding of delayed financing and how to complete one correctly. From my understanding, you purchase the property in cash and ensure the repairs/rehab costs are included in the HUD-1 ...
Alex Hively
RETURN ON INVESTMENT
Hello,I was wondering if everyone here can check my work. I am trying to figure out how leverage can magnify my returns by using various amounts of down payments: specifically $100,000 ( an all cash purchase), $50,000...
Tucker Smith
How does a lender look at cash flow?
Say I purchase a SFH with conventional financing and rehab it and it cash flows. 3 months later I want to cash out refi and use the cash as a down payment to build a home. Does the bank look at the mortgage on the inv...
Raul Ruvalcaba
Mortgage or Refinance property? What move to make
Hello everyone, I need some advice as to how to proceed in my investment quest. I currently have 4 mortgages. I been saving up for awhile now... I been able to saved approximately $50k. I thought of investing half and...
Samuel Watts
Help with cash-out refinance
Hello! I just got my first single family home under contract today and it should close in the next few weeks and plan to live in it for at least 6 months afterwards (Hoping to cash out refinance after)I am getting a c...
Kalvin Wilburn
"Cash Offers Only" (ugh)
Money is money - whats the seller appeal to cash over lender funds? Would a seller be enticed to sell to a non-cash buyer with a SLIGHTLY higher offer and pre-approval letter?
I've analyzed several MFHs that make fo...
Po Chan
DSCR Loan pegged on PITIA
Does anyone out there know if there is a DSCR loan that has its repayment amount based on cash flow of the property? I am talking about something like ARM loan, but instead of having floating interest rate pegged o...