David Li
pay pmi or avoid it?
hello everyone? so im a new investor and ready to buy my first house. the question i have is that i saved up right around 120k and im thinking if i should just put 20% down on a 500K home and not pay pmi? or just put ...
Mike Palmer
Seasonal/summer student income
Hi all:I have a tenant interested in a property and he is a student with a seasonal/summer job selling for a security company. He says he makes very good money (more than enough to qualify based on annual income), but...
Adrian Smude
How do I find the mortgage balance?
I am trying to find the mortgage balance owed on a property, I was told it's public records on the clerk of court website but I don't seem to see it...? I'm looking in Hillsborough county, FL.
Michelle Smith
Help with Lending Questions to I Need to Ask
Hi BP community. I'm pretty new to investing and just received the OK on money to buy my first investment property (woot, woot!). The loan specifies: ESTIMATED SETTLEMENT CHARGES, ESTIMATED DETAILS OF TRANSACTION, EST...
Dave S.
What all can the seller pay for?
Im working with a seller that is willing to work with me on purchasing his investment properties (he wants to retire). Like most people want, I would like to minimize the cash out during the transaction / closing. Wha...
Sean Zenker
Buying house with college tenants leased
Hi everyone, I’m currently in the process of buying a duplex in my college town to house hack. The woman I’m buying it from has already got tenants leased for the next school year. Does she get the rent up until the p...
Derek Simkins
Straight Forward House Hack Using the VA loan
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Clearwater.
Purchase price: $285,000
Cash invested: $10,000
Solid duplex 10 minutes from Clearwater Beach.
Monthly Cash F...
David Taylor
Legal Groups
I am able to recieve attorney advice through Hyatt Legal group through my wife at her job, however they do not cover landlord issues with tenants. Are there groups out there that REIs are using for their investing bu...
Dustin Long
Lender is under contract, but is refusing to perform, causing problems
I contracted with a private lender who also has is licensed mortgage broker. He is refusing to live up to his end and provide the financing, which has made my payoff for the refinance to jump from $118,000 to over $13...
Joe Garvin
What is a fair price to perform a QCD or Warranty Deed into an LL
Hello Everyone,I want to transfer a property out of our personal names and into an LLC my wife and I established here in Florida. Legal Shield (formerly pre-paid Legal) quoted $300 which is a 25% discount to what the...