I often buy using Subject To to buy properties. If you choose to use this technique these are some of the Pitfalls to watch out for. You can build a very strong portfolio, if you take proper precautions.
Subject To P...
The seller has agreed to pay to have the roof replaced prior to close of escrow at the original purchase price / appraised value (which itself is about 3% above original asking due to other interested buyer). This wou...
We're obtaining a line of credit against one of our homes to invest in our RE business. Both homes we own have no mortgage. Our home is worth $425K and our investment home is worth $245K. We will secure line of credit...
Hi everyone!
I am planing to buy a house to live on it. But in one year or 2 I am planning in moving to another. And I want to rent the first one. What happens with the mortgage ? I am planing in get a conventional ...
I live in Canada and would like to buy a rental house that I can live in either the top or bottom floor and rent out the other half. The problem is I can't get a mortgage because I don't have a job, but I do have mon...
Hi everyone. I'm working with a seller who doesn't have a mortgage but who is in tax foreclosure. She's looking to see if there are any federal programs that she can 'refinance' with to pay off the loan and obtain a...
The Puget Sound area is seeing more buyers and sellers enter the market as we gear up for Spring. A dip in interest rates has caused mortgage demand to jump 28% and the most recent NWMLS report shows that the number o...
Okay so I have analysis down pretty good but just some aspects are unclear to me about the actual process of how you separate the incoming cash between repairs and cash flow. I'll give a scenario because it's hard to ...
Hello,I am a licensed real estate agent. I just renewed my mortgage loan originator license and I am wondering how I can get the best out of both. I believe it is ideal to work with a mortgage broker to gain experie...
I would like to continue renting out my house but I heard that if anyone is injured on your property, you are liable. Is there insurance to cover against this?
It seems like anything can happen on your property. Is...