Brandon Turner
What Would You Do? (Fixed or Arm Refi?)
Alright, so I'm working on a couple refinances right now, and one of them I'm a little stumped on - so I could use some input.
I owe $75k on a duplex that should appraise around $120k. I have 2 options:
...
Michael Lerch
Assigning contract when buyer is using bank financing?
Is it possible?
I have an interested buyer for a property I have under contract, but he wants to use a bank to finance it. I'm assigning the contract for $3,000 with contract price at $14,000.
Does he just pay me th...
Mark P.
New Member Here - Southeast Missouri
I put this in another post, but thought I would recycle it to introduce myself, tell how I got started, and why I am here:
I started a year ago and just bought my second house. I was three years post a financially de...
Sara Bell
Not keeping old tenant after buying
Hi all,Still looking for some advice as far as tenants go that come with a property. I'll be closing on a fully occupied duplex this coming Monday. Neither tenant is currently in a lease. I will only be keeping one te...
Luke H.
Pros: Would you rent to these applicants?
Hope everyone is well. House for rent on market for 4 months, recent price reduction. I have 3 applicants, employed, mid 20s, combined monthly income is $200 short of (3 x rule). 2 of them have excellent credit, 1 ha...
Joshuam R.
NAVY Federal (no more heloc or hel)
Today 2021-02-25 message on Navy Federal website"Due to unprecedented market conditions, we have temporarily suspended accepting new applications for home equity loans and home equity lines of credit. This update does...
Albert Lee
Making a deal before foreclosure
Hey everyone,Im trying to find ways to find a deal and thought I should call or mail the owner who is about 3weeks or more away from the court auction foreclosure. As i have been doing the research and lurking posts, ...
Lawrence Rutkowski
Duplex Lease option and Roommate Law in NYS
Hello all,I own a duplex in the city of Buffalo NY. I am looking at drawing up a lease-option for my downstairs tenants who have been with me for 8 years.I have never done one of these and would be appreciative for so...
Dean Fiacco
Drama at Student Rental - One roommate walked out
I have a student rental in tallahassee which lately has devolved into lots of drama between the girls living there. They have a collective lease agreement for $1500/month for the house they're in.One girl decided to a...
Mary Joe
Hard money lender nightmare stories
Hi All, would like to educate myself about hard money lending (as an investor), wonder if there are HML investors out there who have had bad experiences and willing to share?For example, want to know what is the worst...