Just wondering if it's a benefit to me to use my 401(k) to invest in real estate?
Hello everyone! Which of the two options in this scenario would make more sense with the mortgage on my rental home.I currently have 12K remaining on the mortgage of my first and only rental property after multiple lu...
From the 11th financed property what is the ballpark mortgage interest one should expect from local lenders ? Note these are not Freddie Mac or Fannie Mae loans. Trying to get a ballpark of how much more the mortgage ...
We recently used a HELOC to purchase a single family home and a duplex. My question is, at what point does the amount of debt we've taken on start to prevent us from taking on additional mortgages?
When I first started out about 15 years ago my business partner put two properties into an S Corp. The two properties are owned outright no debt. My question is how can I convert this into an LLC? I realize now it ne...
So I been thinking about this idea that would help my parents financial situation a little bit and also help me gain access to money that would help me start investing into real estate. I currently live with my parent...
Quick question regarding DTI for a Fannie loan. As I understand that new rental income (less then 2 years) is calculated as:Gross rent * 75% - DITI = income added What I don't know is whether or not the DITI still cou...
I am considering a "strategic default" of my condo property in California. I bought it as my primary residence in 2004, but have rented it out for the past two years. I am more than $100K underwater, and do not qualif...
I have a unique situation in Dallas. I have a seller who has $130,000 in debt attached to his house from taxes and liens. The ARV on the house is approximately $240,000. I don't know what the payoff is on the house...
My husband and I are hungry to jump in the world of REI. We've been learning via books, seminars, REI classs, etc.
We have between the both of us, student loans totaling $120K, and no extra income.
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