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Peace and blessings, I'm looking for a someone who is advance in acquiring pre-foreclosures. I'd like to get some real world insights... talk about deals you've successfully made. Please contact me if you are willing ...
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The face value of any given mortgage note hinges upon a few things, but lets consider it's a 1) conforming, 2) performing, and 3) in the green meaning favorable LTV. Now let's assume it's a 15yr conventional mortgage ...
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What kind of interest rate and terms would you look for on $50k for my down payment on a deal. Maybe I'm asking the wrong group here. I have 3 single family homes that I've purchased on my own with 30 year fixed finan...
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My commercial division mortgage advisor at my credit union tells me that after the 5 year period on my balloon loan they will ask for new financials, and we can refinance my balloon loan with no refinancing fees atta...
Hi all, first post on BP here!I've scoured the forums and haven't quite found an answer to a question that recently came up...I'll be partnering on my first deals and I would bring the work (finding deal, getting tran...
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Hi All,I need some clarity on the last R in BRRRR, the Cash-Out Refi. Think of this like a math question please with a Yes or No answer.If property is bought at $140K, 25% down meaning $35K. Rented out for $1500. Then...
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Hello All,
Hoping that someone here may be able to offer some advice. One of the Indiana tax lien auctions I am interested in taking part in requires a letter of credit. The auctioneer website says the following:
P...
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Hi all,
I'm looking into lenders who offer HELOCs on rental properties. I have heard PenFed is the only national lender. I have also heard that an alternative method is to reach out to local lenders.
Has anyon...
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Hello,I’m new to RE investing and looking for my first investment property. I’m considering a triplex in Cleveland Heights, OH 44118. If purchase price is $300K, can you please help me understand what the property tax...
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What are my options? We are due to close in 2 days and the law states the tenant needs 60-day notice to increase rent or evict tenants. Seller did not see that part of our offer requiring them to evict tenants prior ...