I have someone wanting to purchase one of our houses and they have a previous foreclosure. Can any of the mortgage experts on here tell me if it's realistic that they get financing? Here's their situation...
Fell beh...
This is my financial situation:30k incomeRental property (I own):4k monthly rent1.5k/mo PITIWant to buy:350k-400k property4k monthly rentI've used online calculators (for what they're worth) and they say I qualify. Al...
I've been sending out some letters looking for properties. I received a call from the daughter of one of the people I've mailed. Her father opened my letter and set it aside (but luckily didn't throw it away!) and he...
I am considering raising rent. 3 important details I am considering:1) Currently, rent is below market valueProperty is located in a desirable area in South Florida. I gave her lower rent than any other properties in ...
Is flipping illegal? Flipping in the form of buying a property and then reselling in the same condition you purchased for a profit. In one city I invest in it looks like it is illegal. Was wondering how this could be...
Almost 2 years ago, my disabled son purchased a home as a rental [and to live in it when and if he is ever able. wIt as an extreme fixer-upper but we worked on it every week-end [commuting from Denver] I fell in love ...
I am looking to do a DSCR cash-out refinance of a rental property that I own free & clear, but have only owned for a little over 3 months. Looking for 30 year fixed rate options. I do have a few other unique asp...
Strange situation.In-laws have a home in Santa Barbara worth about $900K. They have a $300K interest only loan. They can no longer afford the payments.My wife and I recently came into money. I was planning to put t...
We have a rental in a tropical area that is naturally humid and making it even more humid, our property is next to a pond. According to online weather resources, the humidity right now is 97% and the average humidity ...
Here's the situation. Purchased a house last July and the inspection revealed several windows were rotten. Sellers agreed to fix, but the sizes are custom. Sellers arranged through Pella (and an independent contractor...