My business partner and I own a few investment properties under an LLC. We bought one last year, renovated it ourselves, and didn’t pay ourselves a dime for labor. The mortgage we took out covered the purchase price p...
What tool do you use to recast?I've build a lot of equity in one of my properties and I am thinking about recasting to lower my monthly payment. Any advise is appreciated
Which valuation would a traditional bank use as down payment, the price I paid for vacant land or an appraiser-determined value of the land? Thanks in advance.
I paid a non-refundable $500.00 fee to lock in a 6.375 % interest rate that me and my lender both signed and then two days later my lender said they cant do that rate and then hiked up the rate to 6.875. I asked for m...
:superman:
Does anyone know if defaulted student loans counts on your credit as bad as bankruptcy? They have since been reconsolidated.
so I have 2 properties I am Possibly looking at to take a cash out refi to buy another home.. Is there a way to avoid the closing cost fees that it cost to take out a cash out refi? Or what is the absolute best way to...
Hello! This is my first post and I've been loving the BP forum and podcast for a few months now. I came across this deal and it seems pretty good. I need to figure out what to ask this seller.
Here's what I know now...
Hey Folks, So I have a scenario I would like a bit of advise on. I looked @ a short sale today, asking $269K, SFH, 3/2..this is for my personal residence. I plan on going in with a 203k or another rehab loan. After h...
I'm trying to research the best way to go about this. I went on lendingtree.com to get some refinance quotes, and now my phone won't stop ringing. My question to you fine folks is, what is the pros and cons of going w...
Hello,
I am a 21 year old real estate investor out of Los Angeles California. I own some rentals in Cleveland and Milwaukee and I am a couple of weeks from closing on another multi family in Wisconsin. I am interest...