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I currently own my home in Alameda, CA and owe 531k on my loan. The home was purchased for 834K two years ago and I’m considering using a HELOC to help with my down payment for an investment property that I would like...
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I am going to see a house tomorrow and this is my first deal. What if the seller ask for payment after the contract is finished? What do I tell him? I have buyers that might be interested, but I don't know how fast th...
Has anyone ever been surprised with unpaid seller taxes in the closing disclosure? How did you move forward in the deal?
Due to the current market we opted not to have the seller pay any closing cost so that was the...
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We purchased our first rental last year and are looking to scale up this year. In doing so, I am analyzing a property for a potential BRRRR and/or flip. Property was owned by a hoarder (shockingly enough the property ...
What would happen If I get a short sale property under contract and I can't find an end buyer and I didn't put a down payment as advised by people on here what would legally be in danger of. What would I owe the bank ...
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I'm curious if some long time investors could chime in on their experience with rental rates keeping up with inflation (CPI). Obviously there are a lot of factors that can affect rates over a 20 year period or so. T...
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Quick question. A Fannie Mae Homepath property popped up near me. My realtor says I need to wait 3 weeks before we can make an offer as an investor. 1) Are offers during the initial 3 weeks limited to first time ho...
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Should I go to multiple local banks to seek pre-approval on a loan prior to having a deal or is it better to come in with an already analyzed deal under contract?
I’ve heard differing opinions on this and was hoping ...
My question revolves around the legalality of Open Hold Titles. I recently was advised on an investment method that to me seemed semi illegal due to the clause in almost all mortgages, the banks or lenders, rights to ...
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Hi Everyone,
I am looking into buying my 1st rental property and my goal is to constantley get the money out and buy the next one, so my question is when you take a loan the bank usually requires you to put down 20-2...