Janet Taylor
Need advice whether to sell my house or rent it?
I am a 61 yr old woman who owns my home outright. I decided to rent my house and garage apt last Nov. for a combined $2200/ month while I visited relatives. Their contract will be up at the end of May. This has been m...
Jim Coleman
How to create a group of investors locally (family and friends)?
Hello all, Me and my cousin started to save up money to purchase a rental property. We are starting off small saving about $100 a week each with the hopes of purchaing are first rental at the start of next year. I was...
Anthony Phillips
Managing first rental property
Trying to get some insight on my first rental.I am under contract on my first rental. The property is a SFH located in Lebanon, Tennessee just east of Nashville.After the rehab of the property I would like to advertis...
Ramsey Rimkeit
Building up Credit from Scratcj?
How can I build up my credit rating from 0 asap?I'm a US citizen, but I've lived for 20 years in other countries. I'm moving back to the states soon with my family and we're planning on investing in real estate in the...
Samira Ouraga
Fix credit before closing on first home
Hello!
I signed a contract and paid the earnest fee with a construction company for my first home. My closing is in 1 month and 2 lenders I talked to sais my monthly payment would be $3400. It is too high for me. I h...
Ally H.
RESPA and VA Loan
Hi fellow BPers! We have some questions for those who are familiar with the VA loan for active duty military.We went through a mortgage broker and locked in our interest rate and lender's credit last month with a Rate...
Lauren Hulsman
Can you ask for financial obligations on application?
My husband and I are renting our townhouse for the first time and are really struggling picking the right tenant - we've had a lot of interest. We have it narrowed down to 3-4 people, who all seem like great fits. One...
Gary McKissick
Newbie trying to figure out deal analysis
Hey everyone,
I have spent the last year or so reading all the real estate material I can, continue reading and listening to the podcasts on here, but I'm trying to figure out my next move. Trying to invest i...
Dwight Cook
Can I use seller credit for closing costs?
Hey everyone, My wife and I are currently looking to purchase our first rental property. This is located in upstate New York. The owner of the property is selling the triplex we are looking at and a duplex right next ...
Michael Campbell
credits toward principle on a lease option
I am trying to work a lease option deal where the tenant buyer gets $200 a month out of their monthly rent to go toward the purchase price of the home once they exercise the option. I have heard that a rent credit can...