Timothy Lewman
February 2020 Massachusetts Closed sales stats
The swan song for the MA real estate single family home market; these represent the last data of the trend heading into Covid-19 shut downs. Expect these start a nosedive for March and should be in full swing for the...
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Home Owners Insurance Really Necessary?
Wanted to get the the thoughts and opinions of investors out there. Do you really need home owners insurance for out of state investments that are owned all cash? I guess the real question is if my deductible is $10...
Abe Macias
Refinancing back to 30 Yr Loan
Good Morning everyone! So on one of my investments (duplex), I had refinanced it back in 2020 to a 15 year loan. Now, as our real estate taxes on that property jumped up significantly we are wanting to go back to a 30...
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Big Bank vs Small Banks/Credit Unions
Would it be easier to get a low down payment loan (like an FHA) from a big bank like Chase, who I've been with for about 4 years, or a local bank that I have no relationship with? I've heard in the forums and on the ...
Melissa Bains
Have 10 mortgages currently need ideas
Hello I have 9 rentals and 1 personal home loan. We have had these a long time and they are all due to be paid off in 9 years. My goal is to get them out of either my or my husbands name so that person could qualify f...
Vishnupriya Suresh
Rental at Everett vs Redmond
In general, I see the rent in Everett and Redmond different only by approx. few hundred dollars while the house price is almost double. I am wondering who is renting a house for $3500 at Everett when similar house is ...
Ken Wang
First Baltimore Bayview Rental
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Baltimore.
Purchase price: $115,000
Cash invested: $87,162
Contributors:
Ozzy Sirimsi
Baltimore duplex...
Jerel Davis
Hard Money Lender asking for 15% Reserves after closing costs
Just a little rant:My hard money lender says I have enough to make a deal work with the money I have to bring to closing. I can afford the holding costs.. but they won’t approve it because they want to see I have an ...
Baran Giredunluoglu
how much money will I need?
in my city houses are priced around 60k - 80k. around what price range will i get a foreclosed home in my area. and how much should i set aside for extra closing cost fees and repairs on the property
David Weis
Any banks that work with rehabbers?
Down here in the Tampa Bay area, inventory is very low (1.6 months). House prices have risen to the point that even crap homes are going for top dollar. No one is negotiable. Houses are being listed on the MLS and onl...