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Hello! I’m looking at almost 9acres of commercial/industrial (no additional residential allowed to be built) w/ 2 residential units on the land currently. 1 is an old Stone house renovated into a top and bottom duplex...
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This may be a long post so please bear with me and ask questions if needed to clarify anything I have not explained clearly. I want to hopefully cover everything.
Property in WA state.
According to ...
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Example... Which would you (you meaning real estate investors out there) prefer,1) 15 year loan @ X% that yields a $200 a month positive monthly income on a 4-plex, or2) 30 year loan @ X+% that yields a $900 a month p...
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is it possible for a lender, in Texas, to get a mortgage using my wifes credit and income only? our current mortgages are only in my name, not hers. WE have Identified a property and need to get approved fast! is it p...
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Hi everyone! I am currently in the market for a small, multi unit in Chicago where my husband and I can owner occupy 1 unit for a couple of years, and then rent it out later. We’re also open to doing it with a condo, ...
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Long time since I've been on here due to a recent move and job change or sorts. To start off, we bought a house in 2010, lived in it for 3 years and moved. We have been renting it out successfully ever since. Most rec...
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I recently had an independant mortgage broker send me a fee sheet on a house I was looking at refinacing. The home is valued at $155K and I was going to pull $116k out. I have excellent credit and ZERO debt. My bank s...
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I was wondering if anybody, in the most Real Estate for Dummies way possible, could walk me through the process of paying off a private/ hard money loan using a conventional mortgage?(Forgive me for this next part, I'...
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Hello,
We are planning to make an offer on REO. Property don't have major problems, but I think there will be issues passing FHA inspection. (garage converted to room, illegal)
I really want that property and the only...
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I’ve heard conflicting answers to this question. Using the Brrrr method, when it comes time to cash out refinance, do you have to be able to afford both mortgages even if your first one is renting with cash flow? Does...