Natalie Schanne
Primary - Ugly w/ Rehab Loan, Refinance - Fannie Mae Homestyle
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $247,000
Cash invested: $75,000
Primary Home Foreclosure Success. Purchased Primary Home (5 Bed, 2.5 Bath, 2 Car Ga...
Natalie Schanne
Primary - Ugly w/ Rehab Loan, Refinance - Fannie Mae Homestyle
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $247,000
Cash invested: $75,000
Primary Home Foreclosure Success. Purchased Primary Home (5 Bed, 2.5 Bath, 2 Car Ga...
Account Closed
Explain: "Leaving some equity"
Can you explain to me why it is important to leave some equity in a property in case of an economic downturn? I have read this in a few posts and I can't figure out why. Thanks.
Al Morello
2nd Position Deal advice
Hi, I've done a few hard money loans in first position. First, though a company then on my own. I was recently approached for a 2nd position deal, which I've never done before, but the terms sound so horrible to me th...
Motu Lemafa
Need All of the above and some
Hello! Seeking advice on how to continue with this lead and I'd like to turn it into a deal if possible. So here's the situation.3 Bedrooms 1 Bath ~1250 Sq. ft18x30 pole barn5.7 acres Home built in 1910Issues:-There w...
J. Martin
HUD-1, Taxes, and Capitalization: How to account for a new purchase at Tax Time
Each year, after I purchase a property, I have to re-look up how to treat the various items from the HUD-1 (closing statement) when preparing my Schedule E. I am NOT an accountant, but I did find this article by one E...
Christian Aziz
Advice for converting our condo into rental and buying SFH
I'm going in circles trying to decide what makes the most sense financially with owning two properties. We'd like to ultimately move into a larger single family home and rent our current condo.
We bought a 2 bedroom ...
Josh Adams
Am I playing it tooo safe? Am I missing out?
I am a Landlord with 4 Rental Properties.
2) Are free and clear (well I have 60,000 loan on one that I secure part of my personal residence with)
2) Are on a Commercial loan (Up for refi this year)
I owe 108,000 comb...
Jeremy Bear
Is fha right for me?
With my first fourplex rental nearly finished construction and refinancing, I'm looking to possibly use a fha loan to finance building a second fourplex.
I'd build it through the same company that did the first t...
Courtney Coleman
Foreclosure: Trying to help a friend
A long time friend contacted me late last night (Saturday) and asked if I knew how she could get an investor to purchase her dads home before its sold at auction on Monday. I sent it over to my mentor who said he'd as...