Paul B.
Mortgage assumption - in need of experienced guidance
Hi All,
I'm looking for folks who have assumed a mortgage before and can help me figure this out. Ok. So here's the deal. I've got a mortgage assumption on a multifamily property (4plex). Straight-up assumin...
Matthew Hintzke
First time buyer advice in Seattle area
Hey!I am a 28 yo who has lived in the Seattle area for the past 15-20 years and have seen this area's prices go out of control in the last few years especially. My wife, new daughter, and I are looking to purchase so...
Will Barnard
Ready for 7 digit success stories?
I contracted to purchase an REO in December of 2010, skipping all the long and boring details, I finally just received word that the deal is accepted and I am now in escrow. I will not post any of the real numbers her...
Mariah Jeffery
Considering first flip
I have several properties that I bought to hold, possibly until death. Several of those were fixers, but I've never attempted a flip before. (When I say "I", I mean my team, which consists of my retired father and law...
Brooke Jackson
36 yr old mom with 5 young kids and 20 doors in 7 months!
I started in real estate investing 10 years ago when I bought my first duplex in Lehi Utah. At the time, Lehi will still farm county but was starting to grow. I was living in Brazil at the time and my husband and I we...
Account Closed
Mortgage Underwater $30k After Almost 10 Years of Ownership!?
Hello BiggerPockets Community!I really need some advice on whether to hold or sell my rental property. Here are the details.In 2011 I bought my first home, a 1 bed + den, 1 bath condo for $227 000. I paid way too much...
Daniel E.
Can you email a nonperforming (NPN) borrower?
Wanted to know if it is legal to email a borrower. I have the work / personal email (borrower is an unaffiliated realtor) and have not been able to get a hold of the borrower. Wanted to try email, just to get the dial...
Chris U.
Closing TOMORROW - Emergency Replacement Mortgage Needed
Hey BiggerPockets, Didn't think I'd find myself in this situation. We've been working with a mortgage lender the last few weeks and have already signed the closing disclosure on a $170K investment townhome. Our closin...
Account Closed
The 2nd property is the hardest
Perhaps a savvy finance expert can help me figure this out. My wife and I have an fha loan on a house we bought two years ago today. We want to rent it out and buy another as a primary residence. We can't get a second...
Dev Why
FHA LOAN
Can someone elaborate on the process of an FHA loan? Like an example on how you would use it. I know its a 3.5% loan. But is it a 3.5% loan of the final price of a property your buying?