The builder wants to retain maximum sales price but together concessions are $27000. I understand all of the reason for them wanting to do that but do not wish to wind up on the wrong end of the stick.
What ways ca...
After repairs, we plan to cash-out refi, repay the 401(K) and rent also. If UBTI on Debt-financed property applies, does it stop when we repay the loan? Or does it start when we've afterwards collected 1,000 in rent...
Hi I am looking into build my first Condominium in Downtown Houston. Where do I go to apply for this status and and requirements I need to follow?
I'm planning to purchase a 3BR/1Bath SFR estimated appraisal value $275K. Plan to purchase for $265K. I pulled comps for 3BR /2Bath in same area and recently sold showed comps from $320K-360K. If I add a full bathroom...
Is there supposed to be a waiting period between when someone closes a HELOC and applies for an investment mortgage? I'm about to close on a HELOC to be able to make cash offers, but if the house can be underwritten c...
When applying for a mortgage loan... Is ok to apply for more than one?
Thanks.
Hey everyone,Yesterday I finally signed a lease for a unit I had vacant for a few months. Over those few months I had 5 applicants who paid the application fee, knowing the minimum qualifications to rent the property...
Hey all ! I have a SERIOUS question. I bought a two fam house 9 years ago which I am living in and renting one part out. I fell in foreclosure 6 years ago and my credit was dealt. I recently got a loan modification (5...
I will be buying and possibly flipping my first investment property this year in the North East Florida area. Need some advice- should I apply for a real estate license? If so, which type of license? I know there are ...
While reading the Ultimate Beginners Guide I was introduced to the 50% Rule and the 70% Rule, and the 1% Rule I have heard was bumped up to 2%. I like the 70% Rule as a good guide to make sure you are getting a good d...