Jenny Decki
Higher Credit or higher Purchase Price at closing?
We are about to close on a deal and the seller wanted to give us a $1000 credit toward property taxes instead of pro rated. When we asked for pro rated he said that would double it and so he would want to raise the pu...
Mo Muigai
No origination fee, $2700 to refinance 93k SFR @3.65%,fair cost?
First timer refinancing, is $2700 on closing cost no origination fee at 3.65% a fair deal?
Daven Mody
Cash out Refinance
Hi there-
My brother and I purchased an investment property in April 2013 for $185K, and put down 25%. After closing, we transferred the property title to the LLC's name. The current mortgage is under my brot...
Wei Jie Yang
Is there a difference between various brokers and various banks?
For a conventional loan? I understand the difference between getting a loan from a mortgage broker and a lender from a bank that has an investment focus but is there a sizable difference between lenders in the same ca...
Joshua Gitter
House hacking in Westchester County NY
I am looking to house hack in Westchester, what are some ares that people suggest? Yonkers, Tuckahoe, Bronxville all look to be extremely expensive and the further north you go, the cheaper it is. Areas like Rye,NY an...
Paul Scott
Foreclosure with cash- rehab, refinance and rent
I am new to investing and planned to pay cash for a property needing repairs, rehab the property and then refinance to get most of my money back to do it again.
I just learned that I would need to own the home for 6...
Jay Shah
Interest rate guidance
Hi fellow investor pros, I am getting 5.125% interest rate for my first investment of about 300k loan from conventional bank which is quite high for me to get positive cash flow. Is there any advise of how to get lowe...
Jason Stephens
New Mortgage / Credit Score - Questions
Good Afternoon,My wife and I made some good money on the appreciation of our existing home and we want to buy and invest in a new home. Here is my current situation:Mortgage Amount: $370,000Home Value - $650,000HELOC...
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Illinois - landlord or tenant friendly?
I currently live in Illinois, Joliet to be specific and was wondering if Illinois as a whole is a tenant friendly state or are there some parts in IL that are landlord friendly?Personally, I'd much prefer an area that...
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Looking for 2-4 unit MF in Dallas
Hey everyone, I recently moved to Dallas and signed a short term lease for an apartment with the plan to move into a 2-4 unit property & househack in 2018.However, I've been searching online & driving around n...