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Hoping someone can help clarify a few questions I have regarding Florida Sheriff Sales. When a property is auctioned off at a Sheriff Sale, does any pre-existing mortgages follow the property and the new owner is res...
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Hello!I am a new real estate investor. I have a fair amount of equity in my current house due to house hacking (~100k). I want to use it to purchase a rental property in the area. I know there are options with HELOC o...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $164,900
Cash invested: $10,000
Bought this house in 2004 as my Primary residence.
Don't know in total what I spen...
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4th largest mortgage lender putting the brakes on new loans, nothing to see here!https://www.reuters.com/article/us-jp-morgan-mortgages-credit-exclusive-idUSKCN21T0VU
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I am new in Canada and want to know more about the refinancing as an investment option. What could be the golden rules to follow for getting mortgage while refinancing? Any suggestion for buying your first home and re...
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I bought my first home in August 2020 and took out a loan of $450,000 with a 2.5% interest rate over a fixed 30-year period. Not surprisingly, most of my monthly payments are going towards interest with the 30-year fi...
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We have gone under contract to sell one of our rentals. I have never had an issue with financing before, but we both recently retired. Now no one will finance a new property. We have $200k to put down on one or severa...
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Hello all,I'd like to understand better the situation with securing my investments long term.Can someone help clarify - Once a property is purchased with a conventional loan, under my name and under my taxes, what is ...
I have an off market property I am looking to put under contract. The owner owes a mortgage and has said that the mortgage would have to be paid off at closing. The property is in North Carolina. What form would I use...
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For investors:Have you ever tried doing the subject-to strategy? What are your personal pros and cons with it? Do you recommend it to new investors? I'm assuming that it would be an easy way to get started with real e...