Just had my first tenant move into my first rental property. They moved from out of state without seeing the property in person first. I gave them a video tour. They are not satisfied with the paint on the baseboar...
Just viewed this property today, seems like it could be a good first investment property.The property is currently unoccupied, advertised as 1295/unit, I used 1200 to hedge a little. It is listed for sale at 199k, I ...
Hello all - I thought I would come to this community for advice on a matter that has been a problem in a neighborhood I own two properties in for over 5 years. This is in the state of NC.Situation: I own two propertie...
So I always thrived on having good credit.. I use credit karma and I go to the major company sites to view my score. I applied for a mortgage for SOFI they sent me a letter with my credit score got sent. My credit s...
I have a subject to deal that I can pursue, but my broker tells me that subject to is mortgage fraud. Basically if the current owners die, go into bankruptcy, or something else, I would lose the property and it’s not ...
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I've recently purchased a 1950 three bedroom, one bathroom 972 sq ft single family home. We paid $67,500 plus $1,600 in closing costs for the place. Experience from our first rental, rent will range from $1,100 to $1,...
As many know, under Prop 60 in California (may not last long in broke CA) I can sell my home and buy a home of equal or lesser value and maintain my current property tax rate - a substantial savings for me as I've be...
Hi All,I recently sold a single family home in Orlando - Bought for $378k, Financed $275k invested $100k, sold for $640k just over a year later. Within one week I bought a condo for $275 in Tampa and paid cash. I...
Is it possible to get a conventional loan without proof of income and good credit?
As a new investor it will be hard to show income, but I have good credit. Rather than using private lenders or Hard Money Loan, coul...