Chris K.
Help with calculating CoCR example
Hello, I have been calculating cash on cash roi for an investment property that I have been looking at but I need some help with double checking I am doing it correctly. Purchase price: 300,000Down payment 20% : $60,0...
Fradel Barber
Property taxes Miami Florida
Does anyone know how to calculate taxes on a sfh purchase in Miami dade?
I went to the county property assessor website and the amount came out to more than 3 times what the current owners are paying!
Is this accura...
Rex O. Casey
Cash-Out Refinance to finance an investment property
I have accumulated some equity in a rental property and I am interested in a cash-out refinance to purchase a new investment property. What are the advantages and disadvantages of a cash-out refinance.
Mike S.
looking for a lender to do a cash out refi under 50K
I have a property I own free and clear and want to do a cash out refi for around 40k. Should appraise for around 60k I am past the 6 month seasoning period. I have found a local lender that can do it but the closing c...
Joe Giusto II
Why Minimum Loan Amounts?
I have heard that I will not be able to get a loan for under 50K on investment properties in MD. Can anyone give me some insight on why that is, even that the properties have good cash flow?
Kerriann Lowers
Seller finance with balloon then commercial loan
Hi there!
I have not done a creative financing deal and am curious if this creative financing solution is even feasible.
Background - this is a 7 unit off market apt complex. The owner is open to a discussion on s...
Andrea S.
How do you approach a house you’re going to live in
How do you approach a house you’re going to live in.We are getting ready to bid on a property that instead of renting we are thinking about living in for a few year (5-7).It will be a rental till my husband retires fo...
Chris Kendrick
Cash out refi seasonal period
Cash out question
My plan was to buy property using my heloc, whole lot cheaper than Hard money or private. Fix it and Then do cash out refi and pay my heloc back in 3-4 months.
I was about to get qualified with cr...
Greg Lovern
How to get non-judicial foreclosure auction date postponed
A homeowner in King County, Washington State just contacted me a few minutes ago about selling me his home which is in non-judicial foreclosure. The auction date is this Friday morning, Jan. 18th. That gives me three ...
Joey Johnson
Refi a hard money loan
When you refi from a hard money loan to a conventional loan do you still have to pay 20% down or do you just pay the closing costs for the refi? Thanks