Laurie Mohler
Sub-to Deals: How to handle Escrowed Insurance and Taxes
I am considering selling a home as a hybrid: Subject-to my existing mortgage (@3.6%) plus cash and owner financing for the difference. How do I handle the insurance and taxes? Does the buyer pay my regular mortgage...
Molly Fusco
Rent to Own vs Seller Finacing
Hey, I recently remodeled a mobile home in Florida. I've had it on the market for a couple months now. I was under contract for asking price $154k in a couple of days and then the buyers fell out due to insufficient f...
Cameron Mitchell
Opinions? First deal
Hello BP!I need some advice. I have an offer in on my first deal and the inspection periods ends on 2/4/21Details of the property: Its a duplex for 135,000 I plan on house hacking it for one year and then moving out. ...
Account Closed
What are realistic soft costs (in California) ?
Hi there,
Having trouble getting a grasp on what soft costs might really look like. This would hypothetically be a situation in which I'd pay all cash for a 150-300K house, then rehab and sell. Also excluding repair...
Carlo Con
Schedule E income...what expenses to include/exclude for new loan
I would like to qualify for a new home loan. I spoke to 3 different home loan officers and they have given me different information each time. Here's my scenario.I bought my house in 2016 and started renting it out ...
Arthur Banks
When to use 203K vs your own money
How do you determine when to use 203K financing vs conventional (fund repairs with your own money/OPM)? Is there a minimum repair amount you consider when choosing? Obvious this would depend on the price of the hom...
N/A N/A
Intro: Future Investor Moving to Destin, FL
Greetings!
I'm currently serving on active duty in the Air Force at Whiteman AFB, MO (about 1 hour east of Kansas City). My enlistment ends in May, 2008, so I will be moving to the Destin, FL area at that time.
My f...
Kevin Boyd
Best loan for refi on commercial property. Insurance Company??
I understand insurance companies will loan on commercial properties. Does anyone have experience with this? What kind of terms do they offer? Where do you go to get such a loan?
Geoffrey Jones
Subject 2 deal in Houston TX. Need a way to make this work.
I have a another beautiful home under contract for a Sub To Agreement. My Purchase price is the remainder of the mortgage. The house is only 8 months old. Needs no repairs. Mortgage + Insurance payments are $930 month...
NA J.
How to determine rebuild cost
Are insurance agents plugging in tax assessors data to determine dwelling coverage. My rental is recorded as 3/2 built in 1923 but it's 2/2 and remodeled ~10 years ago.It's basically identical to this house, same cons...