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I currently have a mortgage on my personal property at 3.4% interest with around 100k in equity. I have around 30k saved at the moment and I am looking for a single family home to turn into my first rental. My quest...
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I believe the answer to this question is probably obvious. But I would love multiple feedback, constructive criticism, and differing opinions. I'm all about having strong opinionated people and surrounding yourself wi...
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I am in paHow does hard money loan exchange hands?I put 10% down I get a receipt on my name they won't send a deed till 20 days after receiving full payment how does the lender secure their loanIf I need the cash 2...
Looking for advice on a property we own in Virginia. I am a Naval Officer and we purchased in Chesapeake, VA in 2007 for $417,000. We moved from there in 2012, thought we'd be back (plans changed- we are not going b...
Hi,
I just bought my first investment property unit and now planning on the next. I intend to use equity on existing property(which will be a rental) as a down payment on the next property(ies).
Refinancing could be ...
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Ok so we are in the process of closing on our cash out refi hopefully closing next thursday the 24th BUT it may get delayed. This property i purchased with only me on the loan and not my wife, so when i filed my 2017 ...
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Hi! My husband and I are closing on our cash out refinance and have the funding to use as a down payment on our next property. We refinanced to a conventional loan for our first home that we plan on keeping as a renta...
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Hey Everyone,
I have a seller who wants to sell because they are worried about potential higher capital gains taxes after the 1st of the year. I mentioned seller financing and the seller said that he would not want ...
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Hello,
I have a property I purchased for $97,500, with an original appraisal of $100,000. My mortgage payment including (Principal, Taxes and Insurance) is $477. I paid a 20% down payment bringing the mortgage to $7...
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So here’s the situation, my parents are financially strapped and are considering selling their home to me so I can rent it out to them for less than what they’re current mortgage payment is. I’m not so interested in b...