My name is Tony. At this moment I have bad credit, 50k in a 401k and an oil field job in west TX. I really want to transition from the oil field to real estate investing full time. Looking for a partner to help get st...
Hello BP,I am new to REI and running into roadblocks getting finance for my first deal. I just contracted my first deal (a great one I might add) so I have no previous deals to refer to and obviously no credit to fall...
I am aiming at purchasing a short sale with a lease option/lease purchase (requesting the deed of trust for a small price). The agent is really blocking, as she states that it's illegal to lease option a short sale. I...
I bought a house a few months ago with the intention to hold as a rental but learned my lesson to not buy houses built prior to the 80s, 70s at most. I've gone over budget not terribly but enough to where I just don't...
I’m trying to get a heloc or cash out refi on a primary residence duplex.l under FHA.
I have great credit but modest income
Wife has bad credit with better income therefore I don’t believe we will qualify for heloc....
I need to cash out on some of my properties. I have a triplex up for sale and I'd like to keep it but, it does need repairs and my credit got completely trashed after my divorce. Anyone have ideas of how I can tap m...
I currently live in my family's home, worth $220,000 as is -- their mortgage is $120,000. (Equity, built years ago.). They want to sell it. They're NOT in the position to be my personal "mortgage lender"-- NOT even...
Hello Family!
I inherited a property that have extreme floor damage due to busted pipes from a winter storm. I'm not sure the total cost of the damage, but I'm sure I will need new plumbing and new floors. I intent t...
I've got an uncle is having trouble making his mortgage payment. Last year he refin into a variable rate ( I know I know)...He's got really bad credit and now that the subprime has gone to the dogs I was thinking abo...
Is the PMI a deduction on the tax return? How is it treated in the accounting?
Is there a point when the PMI goes away? If so when does that happen?