Alex Lam
How much Less can you offer on REOS when purchasing with CASH?
I am currently in search for my first deal, I have a few REOs on my list that I am looking at.. I have cash and proof of funds ready.. how much leverage do I have vs another that’s going through conventional , FHA loa...
James Wierzba
How to share ownership of a rental property?
TL;DR -- how transfer 50% ownership of my rental properties to my brother? The properties are financed by me and are Fannie May loans.
I'm trying to figure out how I can have me and my brother on the title as 50% own...
Steven Burritt
Rent and Mortgage Cancelation Act
Has anyone looked at this proposal from representative IIhan Omar of Minisota's 5th district? What she's proposing would put an end to RE investing as we know it.
Kevin Padula
Is This Condo Too Old?
Hello,My girlfriend and I (25 & 28) are thinking of buying a condo in Fort Myers, Florida in a year or two and holding onto it as a long-term investment. We'd probably rent it out for 20-25 years then live in it ...
Keleisha Carter
Duplex in Memphis Deal or no deal?
Saw this duplex on the MLS Purchase price: $59,900Down payment: $11,980Annual Debt: $2875 (@6%)Rent : $1010 (fully occupied)Expenses: $4638 (10% PM ; 5% each for vacancy, repairs & Capex + insurance & tax)Cash...
Ron K.
Multi-Family Starting out
Hello,
I am looking to get moving on investing in MF. I have joined a REIA (Lifestyles) not at a the super charge level, just basic.
I have read pretty regularly on these boards.
Lastly, I have analyzed a few ...
Hersh M.
Interest rates and demand
I am looking at 30 year mortgage rate chart here - https://ycharts.com/indicators/30_year_mortgage_ra... From end of Oct 2016 to end of Dec 2016, just in 2 months, rates have gone up from 3.5% to 4.3%. Thats a 23% ris...
Adam Brugman
Tenant refusing to pay rent
I'm writing on behalf of my girlfriend (currently residing in California). She owns a property in Falls Church, VA. and a tenant is refusing to pay rent. The tenant will not respond to any communication from my girl...
Allen Lopez
Would I be committing mortgage fraud?
So If I purchase a home as my primary residence with all 100% honest intent to live in it. Mortgage laws say that I intent to inhabit the property as my primary residence. However, what if I have to relocate to anothe...
Jeff J.
Rent spread for new tenants vs old tenants?
I have a 11 unit apartment building and I was wondering what people feel the rent spread should be between old and new tenants? My new tenants pay $865 for a 2 BR and older tenants are paying $850. Does this seem...