Ryan MacDonald
Seller Financing/Note Question
I'm currently speaking to a property owner who is in foreclosure for the 2nd time in the same 2 properties as the first time. Long story short is that he is not willing to sell either property as he wants to keep bot...
Chuka Eko
Rehab Price Excluded From Loan??
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*This link comes directly from our calculators, based on information input by the member who posted.How do you include the rehab cost in the loan amount? The expectation is the loan is supposed to be for ...
Stephen Dominick
buy and hold 4plex
asking price $157950 Private lender at 6%. 4 unit. Gross income $30300 annually. Heat $0 - operateing exp $2359-Insurance $650- Water $720- Trash 752- Taxes $2300 - Sewer $237
Figure 10% for maintance- 10% managemen...
Alex Johnson
Continue renting or sell?
Hi! I'm brand new to this forum, and also not very educated on rentals. My wife and I are accidental landlord of about 3 years. (when we moved out of our townhouse to buy a bigger place, the association was under liti...
Jen Faulkner
Furnished Corporate Apartment/Housing Questions
For those of you who own corporate rentals, I have a couple of questions. I don't yet have a furnished apartment, but I'll be doing it the next time someone moves out of one of our rentals. I have a pretty detailed ...
Kyle Christy
Has anyone worked with Kiava? Looking for lenders!
Kiavi is apparently the new company LendingHome has rebranded to. Has anyone had any experience with either? I'm looking to get some cash out refis on a couple of properties I own. Local credit unions for some reas...
Michael Chilcott
Home Apprasial for HELOC
I am trying to get a HELOC with a local bank. They gave me an offer 22k heloc with an automatic home appraisal of 112k of the house. I am fairly confident the house will appraise higher with a local appraiser my guess...
Ahmad Chaudhry
Cash vs Mortgage on 31K Rental Property
My first post and rental property purchase! I'm closing on a 31K rental property. I have cash, but am considering getting a conventional mortgage and possibly buying a second rental property. Here are the two scenar...
Bobby Paquette
Who owns Condotels
Looking for some peoples experience with Condos that were converted to hotels. Lending seems more strict, like more down, higher rates, etc. A lot have managements teams in place, which seems like hotel staff still
Richard Warren
Money Merge Account?
Has anyone come across the Money Merge Account (MMA), which is being marketed by United First Financial?
The idea is to use a HELOC to prepay your first mortgage by timing additional payments. It is supposed to be be...