William Murrell
Refinance upside down/negative cashflow property into positive cashflow or get out?
So I have a house I purchased a number of years ago, right before the market tanked. The purchase price was 145,500 and the interest is 6.25%. I owe ~128k and it's probably worth ~105-110k. I have been renting it f...
George P.
IRS, Owner financing, and simple interest
Looks like the IRS dictates that the seller who sells on terms has to declare the minimum rate (I believe it varies but is around 3%). Which means that if you ask for and get a principal-only mortgage, the seller is g...
Matt Goldstein
Newbie needs help - Rental vs sale
I moved into a brand new home in November of 2019. I bought at $238,400.
I have decided to start investing and am planning on moving to North Carolina in the next few months.My current mortgage is at 4.375 and with ...
Francis A.
Middle-class homeowners will get 'priced out permanently':
"The number of homes for sale reached an all-time low in December, as buyers remained active and eager to buy even during the holiday season. National inventory declined by 39.6% over the last year, and fell below 700...
Ersin Deger
How to locate an exact address of a past tenant
Hello,Soooo.. I need to get the address of a past tenant to be able to sue them in small claims court. My house is in Ohio... I have their rental application from three years ago, so I have their SSN etc. I know she f...
Jordan Melendez
Deal Analysis and Advice
First of all I am a newbie and am ready to dive into real estate investing while working my career as a LEO. Any guidance/advice is greatly appreciated.
So I have a SFR 3/2 in the central Florida area, B community. I...
Lourene Gibson
Beginner Investor in Tacoma Washington (Foreclosure)
Hello,We are new investor's in Tacoma Washington. We are wanting to get involved with flipping homes wholesale. We want to learn techniques that can get us involved with homes with equity and minimal rehab. I have a n...
Quinten Sepe
Continue to live in my SFR vs Refi and 203(k) first MFR
I currently own a 3br/2ba SFR in a desirable neighborhood of the Kansas City, Missouri area.Purchasing for 127k in 02/15, financed at a 3.875 rate, currently about 120k left on the note.Since our purchase, home values...
Kenia Lopez
Shoul I sell or rent
I have a home in Charlotte, NC. 3/2 and 1/2 1500 sq ft. Uptown Charlotte, Wesley Heights. Lots of new developments in the area. Vacant lot accross from my property is going on 2nd phase of new townhomes, selling in th...
Chris Eidson
Finding out mortage balance on property
What is the best way to find out how much a current owner's original mortgage was? Most often the appraisal district will not have a document with the mortgage balance?