I have received a mortgage offer with the wording of covenants and default looking very harsh. Can you share you opinion on what you think about these? --------------
10. Borrower covenants and agrees with Lender tha...
Hello All! Just wondering if everyone else is running into what I've been running into. Called a couple of mortgage brokers I've used before (big ones) to see about a cash-out refi on a property so that I could extrac...
Hi all! I’ve got a duplex that we grew up in located in New York. We lived in one unit and rented the other. It was owned by my dad, but he passed away a few years ago, we rented the whole thing out.We have since m...
Hello-Getting ready to do my first rehab project and have a few questionsI am not a licensed contractor, but will be doing the majority of the reno myself (I have the time and some knowledge to be deadly ! ) Getting m...
Hi folks, I'm a software engineer trying to brainstorm and evaluate financial products that landlords would find helpful. I'm hoping to outsource the idea generation part to you guys. I've listed a couple half-baked i...
Buy
Property Source: auction.com
My Source of Funds: 401(k) Loan
Purchase Price: $154,500From me: Down-payment = $15,450 (10%), Closing Costs = $11,587 (7.5%), Points = $3,281 (2%), Interest = $6,500 (4%)From Hard ...
Currently myself and my wife are trying to decide between hiring a broker to least our 1st house and losing the security deposit upfront. From fees using the broker and coming out of our pocket when the tenant leaves ...
If you had about $300,000 to spend, what in your opinion would be the best possible way (and place) to spend it today (2017-). I know there's no one right answer, but it helps to hear experienced investors' opinions ...
Hello! My name is Sean Jackson & I am new to investment. People typically have their reasons why they want to take the leap into investing in real estate, for me my story isn't really unique - but it is the prime ...
I have my primary sitting unoccupied (moved in with someone) and I want to purchase another property for STR. I’m not sure if I should sell or rent the house or if there’s another possibility. I bought this house 6 mo...