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I purchased a 1st position NPN where the borrower signed a Deed in Lieu over to the previous lender. The previous lender never recorded the deed with the county. I went ahead and was able to get the DIL recorded wit...
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What happens if I have a bank loan and fail to pay the mortgage? Will the bank take the property away from me? Is this why it is always better to get a downpayment even though I have enough cash to purchase the entire...
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Hi Everyone,A late happy new year to all! I am looking to invest out of state in 2019, and I am currently considering the Columbus market. I am located in New Jersey so it would be great to chat with other investors /...
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I'm buying my first rental property. Actually, my first home period. I'm told I have to put 10% down since it's an investment property. Is this true? What other options do I have? I have the cash and I'm definate...
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Hi,I've been buying and holding my rentals for 6 years now (mostly duplexes) and have poured money into paying them down and off. Currently have 4 out of my 8 paid off. I want to purchase more and maybe get into som...
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I have three small college loans in deferment while I am finishing my degree. I haven't payed the loans off because they are some of my longest loans on my report.
Experian is reporting that that my college loans are...
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What are your thoughts on using a VA loan for investment properties? of course, I know I'd have to live in the property for at least a year or two, but I am wondering if the VA fee is worth it, and if others have had ...
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If I’m purchasing a property with a FHA loan, live in it for a year, will I be able to build a new construction 4plex and house hack with a USDA multifamily loan?
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Hi,
even though I really didn't want to, in the end I had to accept a condition of the seller to have adjustable rate on the seller's financing. There is a 4 year balloon, so I just hope that the interest rates won't...
Hello everyone, I would like to know what the smartest way to fund a flip. As in what type of loans are most commonly used to purchase flips, thank you, John.