Tucker Smith
How does a lender look at cash flow?
Say I purchase a SFH with conventional financing and rehab it and it cash flows. 3 months later I want to cash out refi and use the cash as a down payment to build a home. Does the bank look at the mortgage on the inv...
Jason Keating
Closing costs $9305 on a 108000 cash out!!
This seems excessive to me. Cash out is at a small local credit union. They said this is what they account for and anticipate so it may change. What are your thoughts? What can I negotiate down? Rate is 4% on a 30 y...
Dennis Walter
Seller Financing Deal Advice & Closing Cost Questions
Hi,I am looking at purchasing a 5-unit property from an owner with seller financing in the state of Pennsylvania. The building is owned free and clear. Both the owner and I are unfamiliar with the process of being i...
Maher Bateh
Legal Zoom
Anyone have any experience with Legal Zoom's Attorney consultation? They have a special where you get a 30 min consultation(as many times as needed) for 1 yr for $190. Sounds pretty darn good. Thoughts.
Khai Brown
tips for starting investing
I'm looking into investing in property once i am older and get a job. Any tips on how to start out in investing from the pros?
B R
Going on vacation out of the country--who should answer tenant calls?
We are going on vacation in August and wondering whom we should get to mind our "store" of 3 SFH's while we are out.
Thinking of having a friend with property management experience take the checkbook and the bat phon...
Woralak Bryant
Can I keep tenant security deposit for insurance deductible?
So my renter of 7 months called me up and said that her son and her nephew was playing with a lighter and fire started in the bedroom. She called the fire department and it's all under control. Everyone was fine exce...
Matthew T.
Personal home refi less than six month owning
Looking for some insights.I just bought a house finally for myself from a foreclosure and used hard money to purchase the property; they recorded it as a mortgage. So I am renovating the house with my own funds and t...
Mike Hansen
IRRRLs and assuming VA loans
It recently dawned on me the idea of a non military affiliated individual assuming a VA loan, would this individual be able to then also gain the benefit of using an IRRRL since they have now acquired a VA loan throug...
AJ Wong
How SMART investors are utilizing seller concessions for stronger dealmaking
In what is expected to be a continued tight housing and real estate investment market, there are a few tips and tricks that can help investors get some advantages given the current state of mortgage terms and limited ...