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Excuse the rookie question as maybe it's obvious, but having only purchased a primary property a couple years ago and under contract to purchase my first investment, looking for some guidance (not expecting a line by ...
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I have a single family home that I refinanced in 2010 and paid off completely in July of 2013. The home is now a rental property, and has been since 09/01/2014. I didn't take the depreciation deduction on my 2014 re...
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Is it legal to pay a finders fee while Wholesaling?
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So with refinancing my rental, I'm finding it easy to compare the simple stuff: rate, points, ltv. Next level stuff for me will be the closing cost. Some lenders have provided me a complete list (see image below). ...
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We have properties in C/C- neighborhoods, so, a lot of prospective tenants come with ‘baggage’ - evictions, criminal records, etc. As a result, once we receive applications with authorization to conduct background che...
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6 months ago we got our 1st refi cash out against our home to purchase a rental property, plus a mortgage on that property. Costing us over $10,000 in broker/underwriter fees for the 2 loans. Our mortgage broker conta...
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Hello bp,
My tenant is court ordered to be out the 30th of this month. She doesn't owe many any money however my lease says I can take lawyer fees from her security deposit.
Her DCF worker calles me today and is putti...
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How do you verify whether a private lender is legit? Alot of the ones I've connected with have no website, and an origination fee which makes me think it's a scam for the 1% fee. I'm also very skeptical by nature...ju...
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Hello, I purchased 6 notes this summer however after sending 1st mail which resulted in couple of payments, I've not been able to focus on it due to my travels and other commitments. I am looking for some one who want...
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Hi All,I am in a pickle and I hope someone can help me navigate this difficult situation. 10 years ago I bought an apartment in Las Vegas. All was good and HOA fees were reasonable. In the last couple of years HOA fee...