I am currently holding a mortgage note on a property that has an unrepaired sinkhole. The buyers do not want to fix the sinkhole and in fact are making the home bigger. I want to sell the note but I am not sure if t...
Hey everyone. I have a quick question. In November I plan on house hacking my first property, which will be a duplex. I'm currently living with mom and I plan on hacking it with her. I'll live in one unit and she'll s...
hello,I'm a land lord (by semi-unforeseen circumstance) of a condo in central Florida. I live several hours away and the property is managed by a group that works out of the condo complex. The management team has been...
How do you evaluate a renters ability to pay if they have a non working girlfriend and child?I know 3 times rent is rule but do you increase this by the number of others in the home?Also what to do with people who cla...
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...
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...
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...
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...
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 ...
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...