Zackarias Aitchison
What upgrade would lower the expense cost the most?
Hey!I have a 5-Unit building up here in Canada. It goes to about -25C (-13F). I have the opportunity this spring to make a property-wide upgrade. Would you say would be the three must do renovations that help reduce m...
Ryan Catchings
Can you negotiate lower settlement amounts with lien holders?
If I were to secure an agreement to purchase a property from a motivated seller but the seller has liens on their property, is it possible to negotiate reduced settlement amounts on the seller's behalf?Also, would I b...
George P.
Shopping for lower rate once locked with a bank
If I find a lower interest rate/better terms with bank B after I lock the interest rate with bank A, can I go to closing with bank B or am I obligated to do it with bank A ?
Thanks
David Kelly
HELOC options for lower Fico or Higher DTI - Florida
Does anyone have any recommendations on a lender that can work with this scenario?Fixed Social security income DTI is slightly higher than what would normally be approved (I don't offer HELOCs or I would have tried to...
Cary Keith
Seller put tenants Under new lease with lower rents.
Closed today on forth duplex. Super excited but the seller kind of frustrated me. The tenants where paying month to month. One side was rented for $650 the other side $700 with a pet. When COVID started the former own...
Johnson Best
Dual agency for seller great idea? Agree lower commission.
I am in Las Vegas Nevada.Seller a standard house in a median income area.My potential agent briefly mentioned about been dual agency and can reduce the total fee in Vegas to 3.5 percent.What are the con and pro for se...
Kevin Zou
Does depreciating house on tax return lower borrowing power?
Hey guys,
From what I heard banks normally use your gross income to debt ratio to determine your borrowing power. If I depreciate property value on my tax return to deduct my net income, will that impact my mortgage ...
Valerie Smith
First flip shower with window Modest lower end home
Hi I am doing my first flip. I have a bathroom with a window in the shower. This is a lower and working class home probably a C neighborhood. I want a big impact at an affordable price. I want something that will give...
James R. Copeland
Does paying off a home loan lower HOI premiums?
So I own some rentals with traditional loans, leveraged somewhere between 50-75% LTV each. Every so often I toy with the idea of paying one or two off, starting with the higher interest loans. Anyone know if, besides ...
Lisa Forde
tenant asking to lower the rent during lease time
Hi everyone, my tenant asking me to lower 20% of rent, which is a lot and kind of greedy, or he is seeking the option of breaking the lease. ( how ever I do know that he recently lost his job)
Should I offer a 8% di...