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I can do a cash out refi and use the money to buy another property. That will make the cash flow on the refi property negative $165 but the cash flow on the new property covers that. Would you do that? Is the rule ...
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If a homeowner is in a dire situation where s/he fails to pay the full amount of interest each month (resulting in negative amortization), when s/he applies for a refi, does she have to repay all interest that was due...
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So, I'm just starting out so i have done approximately zero deals. This is something I want to do and can see a better future for myself and family. What do you do if your spouse doesn't share the same vision? M...
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Hello all,In your experience when selling an older home rehab, do you find it a positive or negative to have a radiators as the heating source?Follow up: If you are installing whole-home AC anyway, do you leave the ...
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So it’s always fun starting over again right? Hi everyone, so I’m truly starting over getting back into real estate. I used to flip properties back in 2005-2008 and I got my tail handed to me in 2009 which pushed me o...
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What world are we living in?!?!?https://www.google.com/amp/s/amp.theguardian.com/money/2019/aug/13/danish-bank-launches-worlds-first-negative-interest-rate-mortgageGet paid from a lender to hold a note on the property...
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Just saw this article and curious what folks think about this. Is this in the foreseeable future for the US?https://www.theguardian.com/money/2019/aug/13/danish-bank-launches-worlds-first-negative-interest-rate-mortga...
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I received a call from my marketing efforts and wanted to get some feedback. This person is almost 50% upside down. house is worth about 250K total mortgages 1st and 2nd is around 525K. Obviously the only way this wou...
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Hi everyone! I am a hard money lender based out of Tampa, FL, but lending nationally in non-rural settings. We have been lending in Florida since 2016, but just started lending nationally in the past year or so. As we...
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I heard a rumor that commercial lenders are asking about forbearance. Specifically, if you had to ask for forbearance from your bank since it indicates a borrower has less than a stable financial position. Anyone else...