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Starter questions are: what kinds of things can cause the bank to invoke the due on sale clause. If the funding has been coming from one source (the original owner) and then it starts getting drawn from your account w...
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Hi, I had been searching for house hacking deals for months, and found this one. Although I need to pay extra about $1,200, the most motivation for me is Comp about $510k;because I know I get a good wedge deal.
Now t...
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One owes about $75,000 on a house that would appraise for $150,000.One owes $98,000 on a house that appraises for $132,000.If I did a portfolio loan or a blanket loan, any perspective on how much money I may be able t...
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Trying to get a HML to fix and then refinance and then move in. What determines if we can refinance the property besides our income/tax information and the appraisal value?Note- Property is unique due to large size in...
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Hello I have been buying rental properties condos and single family homes for about 6 months now. I bought them with cash so they are owned free and clear. Im starting to run out of cash and started thinking is there ...
Hey y’all
Im a real estate rookie and im itching to start my real estate journey. My husband and I purchased our first home in Dec 2019, we house hacked for the past 2 years by renting out one of the bedrooms for ...
I met with a commercial lender to see if I could put together a line of credit collateralized by the properties I already have. He said he could do it, but I would be refinancing my cheap 30yr mortgages into shorter ...
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Hey all! I am currently looking to buy a house in the next month or so and have been torn on whether to invest in Summerville or Northern Charleston. The area in North Charleston that I am looking at now is by the nec...
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I am trying to get my skin on the game i.e. start with multifamily. How do I find the right wholeseller & real estate agent who could help. Also, how much is the down payment needed? I read some say 5%, 15% or con...
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Hey BP, question for you. I bought a house that was a subject to deal. The owner still had an active mortgage on the property which I have been paying since taking ownership. My issue is the previous owner just contac...