David Gauthier
Refi
I have a rental property with a $1013 mort. payment. It includes ins and taxes.I rent the property for $1050. I owe 114K on the 145K mortgage.If I refi I can drop the mortgage to under $800 month. It seems like a g...
Sean Hayes
Realtor with one home with a va loan... here is my plan
Hello all,I am a realtor in Athens Ga. I have been doing real estate for almost 2 years. However, I am currently deployed to Afghanistan because I am in the Ga National Guard. When I'm not deployed I had some great su...
Rosanna Bido
Newbie! Trying to get Multifamily Houses in West Columbus Ohio
Hi, my name is Rosanna , I’m planning to buy my first multi or single family home to rent out next year. This is my situation: I live in Columbus Ohio and the houses cost from 35-105k. Right now I do Uber part time an...
Account Closed
Veteran asking how to use my home's equity?
Here is my situation. I have a home worth $400K. I owe $187K. I want to buy a lot for $85K, Build a home on it. Sell the original home and pay off the First loan of $187K and the $85K for the lot and About $95K - $110...
Rick Howell
Loan Features To Avoid: Balloon Payments & Negative Amortization
Among all the paperwork involved with taking out a mortgage, it is very easy to let your mind wander and simply sign on the dotted line. But be careful, you should read through the details of the loan.You have to ask ...
Hugo Martin
No permits on addition to my home
Hello everyone,Just wanted to share this and see all your thought or advice on this. I bought a villa in Miami Florida, for 250k, sell by owner. when I initially did the Appraisal they estimated my house is 1000 sq f...
Account Closed
How to go about funding?
My brother and I are looking for our first REI. We are looking for a single family home in the Cedar Rapids Area in the $100,000 - $130,000 range. We are both recent college grads with stable jobs and we live in a con...
Alex Wasilchuk
Properties that are under the 1% Rule
I am finding that I am often coming across properties that are just below the 1% rule, about .9%. Granted, this does not include any negotiations, considerations of work that needs to be put it, etc. But does being be...
Joseph A.
Having trouble accessing equity in a property
I have a property that I own free and clear and would like to do a cash out refinance. I have a unique situation that I'm having issues with. I have lenders willing to do a cash out refinance but I don't have W2 incom...
Thuy Pham-Satrappe
Shared driveway and adverse possession
Adverse use/ possession and land surveys... anyone have experience with this in Indiana? I have a shared driveway situation where the neighbor has basically taken claim to the entire driveway, which leaves our back pa...