I'm new to REI and am trying to locate up prepaid legal service that would best fit real estate investment. Does anyone have any suggestions?
Hi Everyone-I'm working on securing financing for a deal set to close on 2/1. It's an $80K deal, and I'm moving forward with conventional financing with 20%, for a total loan amount of $64K. I've decided to buy down t...
I am 99% of the way through a deal, closing on Monday (today is Thurs)... but the seller just pulled something I have not seen before:
We negotiated that the seller paid 12k towards "Closing costs and Pre-paids"
The...
Hi everyone! I am trying to understanding the history of interest rates for an LLC loan. My partner and I are in the middle of purchasing a duplex in the Philadelphia area. We are taking a loan out on the LLC with one...
I'm selling one of my rental houses by owner. A potential buyer has offered full listing price but his offer is contingent on his getting !00% VA financing and he also wants me to pay $6000 for his closing costs/prepa...
My question is, as you acquire a property you obtain a significant hit with closing costs. How do you roll that into your monthly, or annual breakdown for net profit?
Hello,I am considering renting to a retiree that has offered 18 months rent in advance. She is selling her home and will live with her 22 year old son. Her monthly income is $2200 in social security and her son earns ...
Hi everyone. I've been using the calculators for months now and generally I have a good grasp of the costs I should enter to understand what I should offer for a particular property. But one area that is not clear to...
With new seasonal period of 12 months for cash out refi on brrrr , only option is a dscr loan for around 7.5% at 6 months, my question is that if the property is paid off with no mortgage, do I still have to wait a y...