Daniel Brooks
Existing tenant moved into nicer unit without asking
Hello Everyone,I'm set to close on duplex this Friday. We had problems with the seller producing a lease for the existing tenant. After several weeks, the sellers agent sent a lease but much of it was left blank inc...
Maria W.
Lender Credit on Loan Estimate is absent from Closing Disclosure
I'm about to close on a property tomorrow and the latest CD doesn't have the lender credits ($3,052) that were initially a line item in the LE. The origination fee was and still is $3,052 however there is no longer le...
Bhavik Uppalapati
20% down vs 25% for rental property
I need a quick suggestion , i am planning to buy a investment property in Mechanicsburg , PA .I am planning to buy townhouse for 2,14,000 for which i am planning to make a down payment of 20%, how ever i see that maki...
Huw Evans
Small-multi family properties
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $450,000
Cash invested: $120,000
My first duplex, purchased October 2019, built in 1958, completely legal du...
AJ Wong
How & Where to get the best AirBnB mortgage for vacation rental investment property
In today's real estate investment market the mortgage matters. For those not purchasing with cash, assessing income or cash flow can often come down to the terms of the mortgage financing for an AirBNB or Vacation ren...
Rafael Brown
Should I push back on the bank or not??
Ok. So I purchased this foreclosed property for a really great value ($47,075). The bank just sent my realtor a note saying that because there are 2 liens that need to be handled (they are taking care of them), that c...
Jon Roberts
First STR Investment - Branson, MO
Investment Info:
Condo buy & hold investment.
Purchase price: $213,500
Cash invested: $20,716
Short term rental on Table Rock Lake near Branson, MO. Working with our Rockstar agent, Bill Beck, w...
Robin McMullen
Cash to buyer if Seller Assist exceeds limit?
I've just sold a house in Pennsylvania and offered a seller assist of 3%. At closing, I was informed that the buyer's lender has a 2% seller assist limit. So the house sold for the original agreed upon price, however,...
Ryan H.
When to cash-out refi?
In July of 2022, I purchased a SFH and obtained a 30-year fixed @ 6.75%. The property appraised for $30k more than the purchase price before improvements, and I then added a new roof, new AC, new carpet and flooring ...
Chad K.
Can back taxes lower wholesale price?
I'm currently in the process of wholesaling a deal that has back taxes of around 8,000. The property has been vacant for 4 years. The seller agreed to pay the back taxes if we close but I was wondering can I use the b...