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I'm accused of not paying the mortgage for a home I was renting out. Whenactually the home was sold to to the plaintiff in this matter on a "Subject tothe Existing Mortgage" transaction. The plaintiff missed a...
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They say cash is king but does that hold out in a high inflation environment that is forcing a strong seller's market into a sharp 180 degree turn into a buyer's market?With the Fed continuing to push up interest rate...
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Ok her is the situation. I purchased this single family home in North Miami Beach, FL five years ago for $120K (Cash no Mortgage) and immediately rented it to the previous owner for $1,500 per month (Aproximatley 10% ...
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I am looking for some advice on if I should make extra payments per month specifically towards the principle of my mortgage. I currently own a duplex and live in one side. I used 0% down financing in order to get this...
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I’m curious how the taxes work for the seller. If they are owner occupiers then they won’t have capital gains anyways. So in that case it is really just the income stream they can maintain.
But, if they are tired lan...
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Hi everyone,New investor here, relatively new poster, longtime lurker, lover of all things RE. I have a question about recasting of a mortgage loan, for any of you financing experts out there.Acquired my first 2 renta...
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Hello. Does anyone know anything about Carlton Sheets? I've seen the No Down Payment commercials for a long time and wanted to find out about him. Is his real estate course worth buying? What does it cover?
Thank ...
Hello,I'm very new to real estate investing and have only began looking into it recently. The biggest problem that I am facing is a lack of startup money (we do have savings, but not enough to use much of it comfortab...
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Hi all,I want to invest $200k into buying my own rental properties. I would like to take home $3k/month profit from this (e.g. after expenses). I would like to accomplish this all in ~1 year.How difficult on a scale o...
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Im assuming this question has been beat into the ground but I cant seem to find it yet so here goes...
(THE STORY)
The HO Purchased a home 10 years ago for 88K, 2 Years ago (after watching Flip this House) it was se...