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I live in NC and want to lend to a flipper reahabbing a property in MD. Are there any licenses or other state requirements? I've been reading the NC state site and want to make sure that a mortgage lender license is n...
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A week away from closing on our first rental house. $79,500 purchase price, 15% down, $67575 loan, and lender is charging an origination fee of $1400 for 30 years fixed at 5% - wife and I are both around 800 credit s...
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I found a property that I am really considering purchasing. It would be a 500k purchase, 100k rehab and 700k ARV. I would then turn it into a rental.1- First off, I am having a hard time wrapping my head around the fa...
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So I rent a sfh to 4 individual people and doing following to collect bills and utilities, any recommendations to make it automated or anything else for making it faster?Also for the utilities can I charge any extra o...
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Hi All (it's my first post),
I'm looking for some ideas on how to improve my situation with my only rental home so I can be in a better position to pick up some more properties.
A few years ago we took out a HELOC...
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Asking price is 520k for 4 family unit. Did the whole check up and only small cosmetics work need to be done. But it's a hot property 20 min from Boston. Average comps for this location is 450-500 but I want to close...
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I made an agreement with my tenant to break the lease. They asked to leave on the 1st, but I told them they need to leave on June 30th since their rent was only until the end of the month. I told them they would need ...
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Hello everyone -
My wife and I are looking to get started in RE investing by flipping a house. We have sizable student loan debt, but we have good jobs and income. As such, we are in a position for 2018 where we shoul...
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Hi guys, I am looking to get some opinions on how I should structure a deal. I have found an off market 8 unit property that is currently in dire need of repair. The owner owns an abundance of real estate but is getti...
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I am in the process of purchasing my first deal. We were supposed to close yesterday, Thursday, at 12:30PM but something came up with my credit last Friday that took until this Tuesday to clear up. We are now schedu...