I was pre-approved for a loan, 2 days before closing underwriting denied me. They requested me to put more down, but down my interest and pay an initiation fee. Is it worth it or should i just take the loss and loose ...
I have a tenant that signed a year lease, and then moved out after two months. The lease states that the full 12 months are due. I verbally told him that I would pro-rate as soon as I got it re-rented. Well, the re...
Greetings!I thought this would be an interesting discussion to start!Looking for some motivational stories as well as pointers on how I should start my RE investing career. I'm 22, leaving the Marine Corps in a year, ...
Investment risk can be defined as the probability or likelihood of occurrence of losses relative to the expected return on any particular investment. Stating simply, it is a measure of the level of uncertainty of achi...
This is by no means all of the guidelines..... Just some basics. This past month FHA has gotten much more strict and fine tuned their guidelines. Single Family Residence or The rental units are an owner-occupied two (...
Hello everyone, I've been looking into investing in real estate for some time now. I don't have money to invest so I have been reaching out to people I know who would like to invest their money. Questions I have been ...
Before I go running to my attorney and shelling out more money, I'd like to see if I can get any good feedback or experiences from you guys.
Earlier in the year my tenants burned down my rental property. It was a com...
So far, my dealings with BofA have gone like this
- Faxed in my authorization letter, wait...wait...wait some more
- finally, they see it in their system
- When I call the loss mitigation...
so i have a good realtor friend that just called me to discuss some frustration he has experienced with saxon mortgage. he has been jumping through hoops trying to get a short sale done on a property for about 7 mont...
I am currently in the process of writing out my business plan and I would like to add some info about how I plan to manage my cash flow. What is a good cash flow percentage ?