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I have a few low income rentals I bought a couple years back. I have someone who is interested in buying one house as a private home. Here's where it is getting complicated:- I bought the houses in a package but still...
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Investment Info:
Single-family residence buy & hold investment in Houston.
Purchase price: $163,500
Cash invested: $30,000
Bought it for $163,500, worth around $300,000 today and cash flows $700 ...
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With the COVID-19, I been reading a lot how banks are not doing cash out refinancing or HELOC... so I know all the investors are saying that in this time you need cash in hand .. though I have some cash I know it may ...
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I am looking at a Mortgage document in NYC's ACRIS system and noticed that NYS taxes the mortgage amount. This is what it states:
Taxes
County (basic): $xxxxx
City (additional): $xxxxx
Spec (additional): $xxxxx
TASF...
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I am working on a Subject To Deal and would greatly appreciate any advice anyone may have to offer.
Here is a breakdown of the numbers:
Property ARV: $120,000 cash.
Loan amount still owed: $79,000 cash.
Interest r...
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Hello:
I wanted to start this thread, as I see a lot of investors on this forum who are the victims of the vicious company called Patch Of Land (POL). Now it came out under a new mask called Patch Lending.
I have t...
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Hi everyone - I currently have an investment property with a 150K+ mortgage of 7% interest. It is cash flowing a couple hundred bucks every month (so rent > mortgage).
I have a lot of cash saved up in a 5% HYSA c...
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A few of the facts. Any help or suggestions will be greatly appreciated. Thanks!Hi David, As promised, here are the specifics:We purchased our house in 2003 for $332,000 with $0 down, interest only, and at a variable...
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Hello,
I submitted a seller financing offer for 425K on a property and it was just accepted. I chose seller financing because i recently purchased a property as owner occupant and I must live there for a year and be...
A partner and I have a 4-unit resort style short term rental property, purchased for 430k, owe 323K on a 5 yr balloon at 4% with 37 months remaining. We looked at refinancing to a 10 year balloon at 4.5% but given the...