Roy Rowlett
Presenting a lower offer for a "bank approved price" Short Sale.
I am looking at a short sale that the bank has approved a price on of $180,000, which is the listing price. There had been a contract on it which fell through because the buyer's situation changed and he could not cl...
Jason Howell
Paying points up front for a lower interest rate... bad idea?
I'm about to close on my fourth property and up until now, I have opted to pay whatever points were necessary upfront to lock in the lowest interest rate. It just made sense at the time: Go for the lowest interest rat...
Daniel Walker
Can the Buyer help lower the tax burden on the Seller?
Hi Folks,I am investigating an opportunity to purchase from another investor. I am wondering if there is anything at all that I can do as the buyer, to help lower the capital gains (or other) tax burden on the seller?...
AJ Wong
Three alternative creative financing solutions to get a lower mortgage rate
Historically, residential US mortgage rates are near their long term averages. I remember in 2003 when rates were in the 5-6-7% range, albeit with more aggressive mortgage terms available to almost any and all borrowe...
Natasha Shamoon
Can DSCR loans be given with lower than a 20% down?
Hi everyone, first time home buyer, I’m purchasing in Baltimore, MD and am looking to see if anyone can offer or knows of anyone who offers DSCR loans with possibly a lower rate than 20% downThank you!
Account Closed
Help! Good cash flow numbers but in lower class ghetto area
title says it all i have a fourplex under contract and upon seeing the location was not thrilled to see that it was in kindof a ghetto area and kinda run down. However the numbers and cashflow are very good. The alrea...
Pramod Prasad
Kansas City: Appraisal for Turnkey came in 16% lower (by $26K)
Hi all,I am in the process of purchasing my first property from a Turnkey provider and the appraisal came in 16% ($26K) lower. The property is in Kansas City. I understand it is a buyer's market currently. What option...
Jane S.
points or no points--do you pay to get lower interest?
Would like to know how many of you buy down your interest rate when financing an investment? Month to month it makes cash flow "look" larger if interest is lower. But have to pay at closing ... esp with a refi, dont h...
Milo Berg
Upper floor condo AC condensation pipe overflow leaks into lower unit.
Hello,I am looking for an attorney in the Houston area that can advise me on potential mold liability case. We own a second floor condo. The AC condensation pipe got clogged and overflowed. We have repaired the AC and...
Lucy Bennet
lower my capital gains tax by raising my own realtor commissions?
I'll be selling my own investment property for $245k. I'm the agent representing both sides. My capital gains will be about $150k.I'm thinking about raising my realtor fees (ie 10%-20%) in order to lower my capital ga...