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Perhaps the most striking feature about the money made by homeowners from their house was how little of it was intentional. For many, their mortgage payment was simply a substitute for their monthly rent payment. But ...
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My lender sent me the itemized monthly mortgage payments I'll be making. Along with the principle and interest are two items I had questions about:1) Hazard Insurance - does this go away once I'm covered by my own lan...
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I read this post on Short Sale Daily News (http://shortsaledailynews.com/banks-make-more-money-on-foreclosures-than-short-sales/) that banks are choosing foreclosures because they make more money by making a claim on ...
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Due diligence is "scary" and time-consuming, I've seen people ask "how to do due diligence" so I thought I would share “my method” after 12+ years as a consultant.
I'll like to start by giving you my thoughts on wha...
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STR Owners and potential STR owners - Here's a little advice. When getting insurance for your STR's, strongly consider getting the additional $1,000,000 liability umbrella coverage. It doesn't add a lot more to the ...
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I'm looking to buy a duplex to live in. I've been pursuing FHA loans because I'd like to put as little cash down as possible to have money for renovations, maintenance and improvements. However, the fees associated ...
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Investment Info:
Single-family residence buy & hold investment in Cape Coral.
Purchase price: $60,000
Cash invested: $60,000
2/2 across from canal in desirable neighborhood - Bought from health f...
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Hello everyone!I am looking to purchase my first rental property but I also have my vehicle lease ending in 2 months. I am wanting to buy out my car lease but am wondering how this will affect getting a mortgage. I kn...
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Hello all, just bought a rental property, total 200 k, paid 25% down, so now loan of 154,000 at 6.8% over 15 years. Total interest over 15 yrs is 93k. I am in a position where I can pay it off and save all the interes...
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Hi guys im trying to payoff my moms house with a heloc from my primary residence. How do i go about doing this. Is there going to be tax implications and whats the best strategy. Tax wise and investing wise Thanksshou...