Steve Driscoll
Tax Implications for Seller who is owner financing personal home
I am interested in purchasing the home of an elderly couple who wants to sell. They have owned the home for a long time and have seen 10x appreciation. This is their personal home. In the event they owner finance, ...
Dan Cerempei
Financing a rental property
Trying to buy an investment property ( residential SFH).Bought my first house 5 years ago. Decided to buy a bigger house, so purchased 2nd house and the 1st I'm renting it out, which is doing well. Now Im trying to i...
Tyco Bronye
HELOC seems to be a rip off
I took out a HELOC for my house a few years ago and never used it. Today I called the bank up to verify how the interest works because I wanted to use 3,000 dollars. I assumed my 5 percent rate of interest was by th...
David O.
should I cash out refinance?
I got a quote for a cash-out refinance for my primary home to take out over $1M cash at a 3.125% interest rate, 30-year fixed. This is much higher than my current interest rate. However, I do not have a clear purpose ...
Rosa Alba Perez
Starting out, learning, any advice on best HELOC product
Hi, I’ve been learning for years about REI, have great equity on my home, decided to apply for a HELOC but before wanted to hear some advice about who offers the best product. I’ve read about BofAmerica as the best on...
Kyle Varga
Difficult Multifamily Funding.
I've had difficulty finding funding for this deal because my net worth isn't 2X the bank loan amount. I've found the always talked about but nearly impossible deal of nearly 0 money down in multifamily. I have 100K I'...
Chris Mills
Paying Cleaners After Extra Dirty Guests
Hi all,I have 3 small cleaning companies that I use regularly spread across over a dozen STR homes. Each has put in bids for what they will charge for each property after a guest stay. One has sent higher invoices tha...
Jeffrey Hayes
Colorado Springs Vs Denver as far as better flipping market
Hello everyone, I'm currently flipping homes in Tucson, AZ, however, I will be getting my license up in Colorado shortly. Any quick advice as far as what market may be easier/more profitable as far as buying distres...
Chakits Krulsawat
Financing a commercial apartment
I contacted a Wellsfargo lender for a Commercail loan and I told him that I wanted to purchase a 20 unit building and that I have 35% to put down and some of the down payment would come from my father in law.
The le...
Zachary Critchett
Will my mortgage payment change?
Hello,
If my property tax assessment goes up or down will my mortgage payment go up or down? Also, if the property is paid off am I required to pay the entire tax year at one time? And will the payment be fixed or do...