Rogelio M.
Lender "Mortgagee Clause" vs. "Additional Insured" on Insurance Policy to Property a
Ref: Lender "Mortgagee Clause" vs. "Additional Insured" on Insurance Policy to Property as CollateralHow specifically should a private lender be mentioned on the owner's insurance policy to a property used as collate...
Phillip Dixon
Just starting out- Is this even possible?
Hello!
My wife and I are just working on building up some equity. We have a little bit of a suicide-run plan to try to buy a multi-family, and looking for a reality-check if we're going to hard, or perhaps into somet...
Nick Eckemoff
Mortgage Interest Tax Deduction is better than I realized?
Sorry if this has been asked before...maybe I'm not using the correct keywords.I am confused about the mortgage interest tax deduction. I understand that it allows the interest on a mortgage loan to be deducted, but h...
Becca Tew
Help! Financing rejected because income can't be counted in D/I
I'm in a bit of a bind and I'd really love some advice. My lender has rejected me last minute because he was unable to count my property management income towards my debt/income ratio since I haven't done my 2016 taxe...
Jonathan Olcott
Can an Owner Carry financing option work when the seller has an existing Mortgage
I found an off market deal yesterday. While attending an open house yesterday a neighbor and I began chatting and it turns out he wants to sell! He is house hacking a 2500 sqft 6 bed 3 bath with current rents at $6000...
Felicia Lucco
Using equity to make another purchase
We have accrued decent equity in our home in NJ and maybe a bit in the rental prop purchased in FL earlier this year. Our plan is to use this equity to purchase another property. How do I access this equity? Refinanci...
Niteesh Singh
Buying dream home during a crash
Prices in my area which is hamilton, Ontario have dropped around 25-30% from the peak (Feb 2022). I and my wife have been investing since 2019 and have 3 properties (7 doors) till now bringing in approx 7500 CAD per m...
Danielle DeCormis
Renting property to LLC in lieu of Quitclaim Deed
Hello all!I asked a question last week about how to purchase a 50k turnkey rental property with a DSCR Loan and received some great feedback. I'm looking for some additional advice.... Due to the low dollar value of...
Stephanie Medellin
HUD home with double lot, but one lot not transferred.
I came across a HUD home for sale, and then looked up the property history in the MLS. The last listing said that the property had a double lot with 2 separate deeds, and the vacant lot was build-able. I then resear...
Calixto Urdiales
HUD & FHA Loan Programs and Grants!
Hello there everyone-
Not too sure if this qualifies as an announcement but I would like to let people know a little bit more about HUD (Housing and Urban Development) and FHA (Federal Housing Administration). HUD do...