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About a month ago I posted in the "Starting Out" forum about mortgage limits and got contradictory responses:
http://www.biggerpockets.com/forums/12/topics/105907-real-estate-limits
I've done some searc...
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Pardon me if this seems to be a silly question. However, I am new to wholesaling and I am trying to understand it as best as I can before I begin marketing for motivated sellers and buyers. My question is what happ...
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I'm wrapping up my third BRRR, which puts me at four total mortgages including my primary residence. I'm looking ahead towards property number five, and trying to figure out how that fifth mortgage might work out. Ba...
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I am considering buying a couple properties from someone who is "getting out of the game" and I am not going the conventional mortgage way meaning higher interest. The math still works out and I make a little when con...
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Who pays the insurance and property taxes on a wrap around mortgage? As of now, my taxes and insurance is not financed into my loan. If I owner finance and do a wrap around mortgage who's responsible for the taxes and...
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Hello!
Rehab ($25-$30k) on my first BRRRR is coming to a close (Purchased mid January) and I am now hunting down financing. I paid cash for the property and am looking for an 80% LTV cash out refinance. I got a quote...
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I am at a crossroads and need some advice.
My goal is to have enough income from my rentals to quit my job and manage full time. I think I am about 7-10 more houses away from acheiving this goal. Currently I have 9 re...
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Currently looking at closing on a new home in november/december and do not anticipate selling ours for a month or two after we move. Playing with some DTI calculators I’ll be hovering around 50%. My plan was to recast...
Hey I would like to know if you can turn to B Lender once you hit the wall of mortgages with A lender and if there is wall on the number of mortgages with another JV partner ?
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Investment Info:
Single-family residence buy & hold investment in Warner Robins.
Purchase price: $118,000
Cash invested: $35,000
Single family home.
What made you interested in investin...