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Friday September 5th 2008 Fannie issued an announcement pertaining to what most of us expected was coming. This has been a topic misunderstood by many investors and even mortgage brokers. Over the last several months ...
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So there are some quick ways I figure out a ballpark value for a MHP.
First- I have some constants- expenses
If the park owner pays W/S/T I use 45%
If the tenants pay W/S/T I use 35%
next is rental homes- I ONLY use...
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What can you do if you have 2 properties pad off and worth about 250 k each . I'm not talking about selling them either. Is there a way you can borrow money off them to put a down payment on another property ? Is...
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I've been running numbers on rental properties in the Harrisburg area in preparation for buying my first property next year. I am curious to know what folks in the area are using for maintenance and capex numbers. I...
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Jefferson County, Confused in Alabama... So we sent our tenant the 7-Day Notice to Quit. After the 7 days we sent Complaint/Statement of Claim to the court. We contacted the court to find out if the notice was served....
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Hello everyone! My first time posting but lurking for awhile. I’m looking for advice on how to find my ideal partner, someone who has experience in investing in commercial and or industrial properties and has connecti...
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How can you make the most out of your living space?With mobility on the rise and affordability getting worse, renters and homebuyers are frequently finding themselves living in tighter quarters than they’d like. Whe...
Im applying for a mortgage at univest in PA. The lady lied to me says i can put 5% down conventional loan on 3 unit than after doing a hard inquiry on my credit. She says i cant without 20% down. This is such bs. She ...
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Hi All,Perhaps a silly question for the group but I wanted to get everyone's take on the impact of having your credit run. Obviously a big part of investing is working with different lenders and each one needs to run ...
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I am wanting to build and Garage with an apartment above it at my home in Ypsilanti, MI. I was told that this is not allowed in Michigan by a friend. Just wondering if anyone knows if this is true or not? Any other...