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I have been watching a lot of the Re-Performing 2nds PPR offers up each week and noticed that the interest rate on many of them is only 5%. I guess I am a little confused why so low when I myself (with excellent cred...
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I am in cleveland and using wells fargo as my lender on my rentals. they only require 10% on NOO under 4 units and the rates are only about 1/2 point higher than primary residences. most other big bank lenders in the...
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Currently getting a second conventional loan on a 2 family investment property (25% down). So basically I went through a local mortgage brokerage firm and the loan officer all along told me I was paying 1% in point fo...
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I have my eye on a great deal, but the seller isn't willing to wait for conventional lending. This duplex is currently being rented out, so I'd imagine that it would qualify for conventional lending in as-is condition...
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Hi guys,
I have a few properties that are cashed out. Yay me! I also know a lot of people who have foreclosed on their previous homes due to the real estate crash and job circumstance but have also gotten back on t...
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First off, thanks for clicking on this post and expressing your interest! Before I word vomit with details, numbers, etc. I just wanted to give you some background information on what's happening. My family is moving ...
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I was listening to a recent podcast, and the guest indicated he would advise liquidating IRA/401(k) acounts, transferring to a solo 401(k) and then investing in discounted real estate notes. He also advocated not...
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Hello All, I am looking for advice and help with a problem tenant. His lease is up April 15th but I received an email the other day asking for a "break on rent" since his ex is suing him for "ungodly amounts of money"...
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I firmly believe that you never know how good or bad your property manager is until you have issues with your tenant or your property. With that said, I'm having issues with my tenant and therefore I am now having is...
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For those of who have/use a bookeeper, how much are you paying? If you could indicate how many doors you have and how much you pay that would be awesome and very much appreciated. I'm looking to get a range from the r...