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After recently refinancing a duplex, the remaining equity will allow me to open an interest-only HELOC with a maximum withdrawal amount of $21,300. The HELOC is fixed for the first 5 years and then it will adjust with...
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At what point in the application process do you ask an applicant to submit a background and/or credit check? Is it in conjunction with the rental application? Or is it after you've reviewed the application, checked re...
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Hi Everyone - This is a beginner question, but that's where I'm at. I recently purchased a single family home in the PNW, minor cleanup and I developed immediate equity, and have it rented with decent cash flow. I p...
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Hi all am thinking of starting to invest in the Buffolo /Niagra Falls are in New York It s close to the border and fairly easy for me to get to.any ideas infor or advice i can get on the area would be really appre...
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Newbie question and completely hypothetical, just trying to wrap my head around how all this works.Say I have a property "A" I bought for $1,000,000 and it appreciated to $2,000,000 after 5 years. Assume used as an in...
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I was wondering how do you analyze the numbers on apartment deals very quickly. I'm not talking about going through a full blown due diligence check, but just a quick check of the numbers presented to you (hoping they...
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I've been getting some great responses here so I thought i'd pose this.
My plan is to buy a mutli-family 4 or less, with #'s that work.
I currently own my own home, have a mortgage out for about 60% of the property....
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I just saw this sign while I was shopping in a nice retail area in Burbank, CA last month and couldn't help but take a picture and post it here. Can this be correct 5 years free! I am assuming they must be requiring...
Hello All, had a question, in Florida, when buying from an auction does buying the 1st Mortgage wipe out the 2nd Mortgage?
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There is a property (SFH) I am looking at that has a rental property (2br apt) in the back yard sitting on top of a garage- the entire property is actually zoned as a single family dwelling, but I was told by the owne...