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My wife and I are in our mid-50s and earn a combined gross income of $193,000. We are planning a move to a southern state within the year. We currently own two homes with mortgages – a rental property and our personal...
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Hello, I am an investor with well over 10 financed properties. I focus on 1 to 4 units in the San Francisco Bay Area. Does anyone know of a lender that has market rates that will finance new purchases for me with a ...
I'm interested in purchasing a piece of raw land that is about 20 acres using my IRA. It is currently raw land with no improvements. I have more than enough in the account to pay for the land - about 4X the cost of ...
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Hi, I'll be househacking my 1st duplex this year. I have 2 options for a mortgage and I'll like to know which one you'd choose in my situation. It's a buy and hold long-term and we plan to buy another property to hous...
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I am near closing on a house. My plan is to buy house and rent it for 675.00 per month for the next 24-36 months and then sell the house (I will not own it for more than 5 years and maybe even less than 3). The cost...
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So what are some good strategies that can be use when someone is working on a project & they run out of money to finish? Like let’s say you purchased the property for fifty thousand cashBut you need another fifty ...
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Dear community,
I am renting a house to people who are handy. I need to change windows and wood shingles on the siding. Is it advisable for me to hire them to perform work? I am in Massachussets and do they need to h...
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What is the best way to go about finding banks which would do a blanket loan for an out of state investor? I am in touch with banks in Ohio that have good terms but unfortunately they don't deal with out of state inve...
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I found a the Golden deal. 1000 sqft house 3 bedroom 1 bath. $70,000.00. The only problem is the bank wants 7,500 on closing cost and 20% down (14,000) payment. I only have 20k. The owner is willing to pay the closi...
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AS Seen in Business Insider
http://www.businessinsider.com/here-comes-the-option-arm-mortgage-explosion-2009-5
Subprime is done. All the teaser rates are over, the interest rates have reset and the writing is on th...