Hi. I know this is one of those questions that can have a million different answers but I could not seem to find enough info about it online. I have a note I wanted to sell that has been diligently paid down by the b...
Hello all,
Is it common to offer up to 20% below FMV on a house that's been sitting on the market for a while? Does anyone have pointers and experience they could share with me?
Thanks!
When I first started to look into Indianapolis I started to filter my potential deals by only looking at properties that were under $100k and meet the 1% rule, but I'm still not finding anything without offering WAY ...
Hi, First time with a medium term rental.My property is currently rented through 2/15. I have a request through furnished finder for 4/1-6/30. Which is awesome!Here are my questions - I can legally only do 30 day mi...
Let's take an example. Let's say a trust deed backed note was issued in August 2005 in the amount of $44,500, with interest rate of 6%, and payments of $266.80 amortized over 30 years. Let's say you bought it in Septe...
Hello All.I am refinancing a 3 unit investment home with Fannie Mae Guidelines. 70% LTV cash out. Lender is a small brick and mortar bank in the North East.My lenders origination costs are 2.5% not including discount ...
Need someone to push me over the ledge here.
Scenario:
-168k note at 10%
-20% down on the original purchase
-Borrower can’t qualify for a confirming loan and the note is ballooning in 6 months.
-Investor wants his ...
I may have an opportunity to purchase two multi family units from a husband and wife I recently met. I believe there isn't a mortgage on either property at this point. I'm curious if there are any tax advantages for t...
I have 2 properties that are beside each other in an area that is undergoing substantial development. We have been contacted by a developer who has our properties under contract. His plan is to demolish both and put i...
Hey board, been absent for a while. Hope everyone is well.
I've been presented with this opportunity to buy a house either $79900 conventionally financed, or $75k all cash.
My initial discussion with my realtor w...