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I was talking with an investor friend about the wholesale spread on assigning a contract and how some rehab buyers not liking when you make more that 20k on a contract. This number depends on the deal. I asked him if ...
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Trying to look at what to invest in
Is there such a thing as getting a cash out on mobile homes on their own land which no mortgage?
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Greetings all,I am a new investor. I purchased a duplex back in Nov 2020. I live on one side and rent out the other. It has been great with very good tenants. As I am looking to the future, I want to build a portfolio...
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Hi everyone, trying to put together my first str deal and have some unique circumstances. Do either one of these types exist out there?
1. A lender that will qualify "rent-by-room" rental income. House hacking a sing...
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I am selling a house in FL for around 650K (bought for 450K). Tired of condo commandos :-)My options:1) Sell it outright, pay taxes (around 50K) & put the money in REIT or S&P 5002) Do 1031 exchange. I like w...
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Will banks consider your intent to house hack and factor that into your eligibility for a loan? I want to buy my first house by the end of 2022 and I’m wondering if telling them about my intention to house hack it wil...
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My wife and I are self employed and have reached out to Sprout Mortgage to help us do a bank statement loan. We both have good (700+) credit so the agent said that we can possibly put as little as 10% down. I understa...
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I just purchased an occupied foreclosure (I thought it was vacant). When I met the current occupant it was the previous homeowner who was kind enough to show me around so I could examine the property and explained her...
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Hey allSo I am representing a client who sold his house to downgrade and try to get some rental income. He is older is currently not employed (has some social security income but that's it now). He is renting right no...
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We are buying our primary residential house and are thinking about opening a heloc after closing to pay off the mortgage sooner. In this case is a 15 year mortgage better than a 30 year? Since the interest rate is low...