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I am a dev/builder. I have a commercial flex I just finished. It’s 100% leased up and my tenants move in in a few weeks after I can secure the U&O. It’s a nnn lease with 5 year terms. Currently will be bringing in...
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Hi all,I'm considering a fourplex in a secondary market, and while researching the property on the county website, I found an assignment of leases and rents to the bank. I'll go into more detail below, but I'm trying ...
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I am buying a multiunit rental and the rate I am getting is “ the rate will be calculated 5 business days prior to closing and will be fixed for 5 years at a rate of 275 basis points over corresponding federal reserve...
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Hey guys, I am purchasing a rental right now that is being built and my lender recommended to pull an Interest only HELOC on my current home that I have equity in it. I want to have the HELOC open for any future short...
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Dear Fellow Investors,I have a question related to title.
Bought a house on sheriff sale, has an unsatisfied private person mortgage from 1986, with an expiration date in 1996. Mortgagee deceased, her trust was hold...
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I have invested a large sum of money with a company (individual with
LLC) who has filed chapter 11 bankruptcy. I am the 1st position. I was
prepaid 1st 6 months of interest. 8 months have passed and no
additio...
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Hello All, Does anyone have experience with using List Source? I have generated a couple of list for matured mortgages, "handwritten" a good number of letters to mail using Calligraphr.com, and am preparing to start s...
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Hi everyone! What a great community! I am a first time poster newbie real estate investor form Delaware. We have one small 2 bed 1 bath rental house that used to be our primary residence, but now we are renting it out...
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I am in the process of getting pre approved for an investment property and noticed the paperwork said I need proof of seasoned funds (2 months) in an account for the down payment.
I plan on using a HELOC that doesn't...
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Just purchased and read a book by Clayton and Natali Morris, "How to Pay off Your Mortgage In 5 Years". They using a HELOC to pay down principal and using your HELOC as your bank account. I want to know if anyone has...