Long story short- I need a consult to understand my rights/responsibilities under New Mexico landlord tenant law due to a tenant caused fire where the tenant is now terminating lease under New Mexico law and demanding...
Anyone have suggestions or must-haves when it comes to structuring a contract with a Private Lender funding the purchase and holding costs of properties?
I’m trying to understand the terms of these construction loans to build a duplex and choose the better option ASAP.
Loan 1: Loan Amount: $525,000 - $75,000 funded at closing (less fees and reserve), then 6 draws of ...
Hello, I'm working on purchasing my first investment property and wanted to know what I can expect from a realtor. I have talked to 4 realtors, and it doesn't seem like they want to help. Can someone please let me kno...
At a local property auction, I noticed many people were paying with Cashier's Checks. Were these individuals using their own cash to pay for the Cashier's Checks, or were they funded through loans for their Cashier's ...
Hello everyone, I am in the final "R" of the BRRRR strategy and I just received my estimated cost to close. It seems really high to me. See below: Loan Amount = $127,500A. Origination Charges = $2186.88B. Services Bor...
With rates at the current lows, I'm looking into conventional refinancing to capture some savings (on my monthly bill but also long term interest). I had a few questions that I'm hoping someone can answer.1) Can you ...
Purchasing a new construction rental in Jacksonville, FL.163,000 purchase price 25% down closing cost with prepaids are 7835.00 30 yr fixed 4.47% with 775 Fico score.Closing costs seem about double to me. I thought th...
Investment Info:
Single-family residence wholesale investment in Orlando.
Purchase price: $23,000
Cash invested: $23,000
Sale price: $79,000
Bought this house form a homeless guy. It was vacant ...
We are looking to Refi an investment property but have been quoted $4500 to $6300 for closing costs. Goal for Refi is getting rid of Mortgage Insurance currently have 4.87 int. rate was hoping to find around $2500 for...