Hi all,This is a bit unorthodox but curious to hear some thoughts. I reached out to a dozen lenders in Boston to find the best rate for my own mortgage. Many of my friends were looking for mortgages at the same time. ...
Can anyone advise how does the process typically work if you want to pull equity out of an existing rental property to use for down payment and closing cost on a new property? Do we have to do two separate transaction...
There are multiple deed of trusts recorded on a CA property that is now under escrow. If the contract price cannot cover all the payoff demand, can the seller still close the escrow? What would happen in this kind of ...
Hello,
New investor, still learning. Quick background -- own a small business(10 years) in MN that has $0 debt.
Would like to start our REI journey by converting our primary single family home into a rental. Purch...
Rant/advice please. .. so I closed on the final sale of a flip on friday, and in my attempt to outsource and spend less time "in my business" and more time "on my buisness" I signed a specific PoA over to my listing a...
Greetings,
Re: Refinancing Questions
Currently, I/we have a 30 Year Fixed Rate VA Backed-Mortgage at 5.5%.
Never Late.
1)...
I am coming up on my 1 year mark of owning my first home financed with and FHA mortgage. I am looking to rent my current home out and purchase a SFR for myself and significant other to move into. how can I go about do...
I currently have a condo in FL under contract using a 10% down payment JUMBO loan on a second home. The loan has a higher than normal interest rate.
Question is - how long do I have to wait to refinance the condo? A...
Hi Professionals,I need help here. We bought two adjacent parcels (around 1 acre) which could get the entitlement for 30 townhomes. Currently, each parcel has one house on it ( total separate lot). Both of the houses ...
Does anyone own properties where the CoC is lower than the cap rate? Numbers below. Thanks Fully occupied 24 unitsGross rental income $213,613Tax $25kInsurance $6,252Water $12kSewer $17kComm. bldg & common area Ga...