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Hi all,Is it possible to even obtain a mortgage for a $50k sales price home? Including after putting 10-20% down. Thank you in advance!Cheers,Giorgio
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I Have been going out to bid on my homeowner's insurance policies and I have found a lot of variation in what companies recommend for the Dwelling portion of coverage. Ranges have been 170 dollars sq. ft. to around 3...
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Is there a formula or general rule as to how much reserves you have set aside per property?
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Hi - I am in the middle of closing a commercial property. The broker that I used initially quoted an appraisal of 650, which I paid. A few days later the broker said the mortgage company is asking for 2500. I am a lit...
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Writing for some clarification on how the 1031 actually works — plan to use it for the first time in the coming weeks. Let’s say I’m selling a property for $200k, with roughly half as proceeds and the other half going...
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How do you know if there are too many rentals in your area?
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Hello, I was wondering what’s a good amount of money to have on hand to use as a down payment to start my investing journey. I can’t house hack and am looking towards SFR, either a brrrr or turnkey. Depending on how m...
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looked at a home that requires a lot of work. maybe around 25k worth of work.
the current asking price is 69k, but it's been 69 for over a year.
it would be a steal to get it for around 42, but my mortgage guy said...
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Few questions here.1. How many Loans will a bank Lend you?2. Better to use loans from the bank thank Cash?
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How much should you give a seller for "Option Consideration"? Some legal sources state that it takes only $1.Some guru's say you don't need any money and some say they give the seller $100.What do you give the seller ...