Don’t know if this is the right place to get advice from this topic but here I am. I bought a fourplex FHA last September and currently living there. I got an offer to refinance my property over the mail saying that I...
So, I'm looking at various loan options. See attached jpgs. I'm working on my first deal. I am talking to a local lender who was referred to me. We had a good meeting, and he is giving me different options. We broke t...
Hi all-I have a rental in New Jersey which I've rented out steady for 3 years now to the same family. We actually hadn't intended to rent it out, but we had to move quickly and it was faster than selling it. We have...
I bought my two investment properties about 8 years ago and at that time hadn’t heard of Th e 2% rule. When I recently learned of it, I went and did the math. Each of my properties falls between 1.3 and 1.6%. I’m wond...
An existing tenant I have wants a month to month lease. I'm okay with that. What's the best way to do paperwork so I don't have to meet with them every month to sign a lease.
I own 10 properties in Southern California area. All my properties pay my mortgages on all homes and break even. In all my homes I have about 1.7 million equity. The problem is I can’t touch any of the equity. Recentl...
I suppose it is dependent on the area and the demand, but do you buy these houses for rentals?
So this year I would like to purchase my first investment property. I have been looking in Pottstown, PA and Norristown, PA mostly. I found a deal that seems to be a good one. Here is the info on the property.** Un...
The strategy I am thinking about implementing is to buy rental properties, and then utilize the cash flow to buy additional properties. Is there any reason I would want any other loan term rather than a 30 year fi...
Hi all! Would love to hear (read) your thoughts on this potential deal:SFR - excellent neighborhood, excellent schools, 2/2, 1032 sf, built 1998Currently rented for $825/mo, (lease ends 10/2015), no "make-ready" co...