Joe S.
What to do if mortgage is to high to rent?
I need some ideas. What would you do if you had a house that was big and nice, but the mortgage payment, as well as the solar panel payments equaled more than you could rent it for?
Terry Royce
Refinance out of FHA/ Mortgage Insurance Dilema
We bought our house a year ago, with an FHA loan, and substantially updated our house. We got it appraised to refinance to conv, however, now with rates having increased I'm not sure what to do. If we refinance we ...
Austin Works
Flip houses to build capital or just pull equity from rentals?
I am looking into building capital for larger investments. To this point, I have only been flipping for capital, I usually leave all of my equity in my rental properties. However, I know other investors who pull equit...
John C
Quick Question
Need some help analyzing a financial statement for an apartment complex. Just wondering if capital improvements should be part of the expenses (i.e. should they be deducted from gross income to arrive at NOI). In this...
JR Rivas
Insurance won’t insure cause of HVACs
I have an awesome deal on 4 units in north florida that’s supposed to close tomorrow.Seller financing, 13% down. However we just got word from the insurance company that they want us to change all 4 HVACs in the first...
Robert Rainey
Homestead exemption back taxes
Hi all. I have a situation I've never seen before so I need some help. I have a deal that I wanted to keep for a rental because of the location. I have it under contract for $160k and it's worth about $350k. However I...
Horacio Gutierrez
Noise from upstairs when they walk
Hello,If you have tenant in a condo who lives in you upstairs unit and is part of hoa and the unit underneath is a owner whose complaining about all the tenants upstairs walking in the morning that makes noise from th...
Austin Phelps
Mortgage Advice - Amortization & Loan Types
We're planning on getting pre-approved for a loan here in the next 5 months. We're both disabled veterans, so we have the VA loan available to us with reduced fees. We're trying to decide if we should do 3% down and d...
LaShelle S.
New to Multi Family Investing in Jackson, TN
Hi everyone,
I just moved to TN and am interested in multi family rentals. I'm looking to connect with other investors from the Jackson and/or Humboldt area on here because I drive trucks and making REI meetings is f...
Lisa Zurga
Ca$h 4 Keys? * California Style*
My home had it's day at the auction and it'd now owned by the bank. So today I get my notice on the door reminding me that the bank now ownes the home and to call to discuss possible "CA$H 4 KEYS" This whole foreclos...