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Can someone provide an example of making payments when using a hard money loan?
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I am working on a Subject-to deal and wanted to know how much transfer tax I'd pay on the deal. Of course, this depends on the purchase price. But on a Sub2 deal, what goes on the deed at the purchase price? My initia...
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Good Evening BB,I am getting a loan from my folks in the form of a HELCO. We were able to settle on a HELOC and I was wondering if there was any consideration during tax time that my parents that are going to have to ...
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Ok so I have a couple of questions pertaining to wholesaling properties. Once I analyze a property and decide that I want to make an offer... What if my offer is less then what the seller owes on the property? Can th...
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I currently have 2 rental properties, plus my primary residence with a heloc of 23k attached to it. My credit score is very good and have some cash reserves
1-condo- loan balance of 57k and worth 110K - rents $1225
...
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On an apartment complex what type of loans are buyers able to use? And what are the percentages down for each?- Conventional Loans 20 or 30% down- FHA loans 3.5% downWhat else is there for Apartment Complexes? Thank Y...
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How would you sell that over an 8 hour phone conversation with a bank?
I hear of people doing it and it’s supposed to be the #1 way of getting subject to’s with equity, but how?
Do you just personally pay the ar...
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Hello,What is cross collateralize mortgage loan?Does it make sence to do it?Any lenders does that type of loan? What they requirements?Thanks
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Here is the situation,My wife and I are at a point where we cannot buy/manage any additional properties. We are starting to look into paying off mortgages. The question is should we payoff the ones with the highest ...
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Hello everyone, I'm considering using a heloc for a downpayment on my first property, however every time I run the numbers through the rental property calculator, the monthly cash flow in usually under $100. I unders...