Mark P.
Should I refinance out of FHA to get rid of PMI?
So I am at a crossroads right now and would like some feedback. Currently, I rent a place out with a FHA mortgage t 3.75% owing $182k on the loan for a place I bought in 2011 for $205k. I pay $2100/year in PMI and r...
JoJo Diego
Personal Loans to purchase foreclosures...your thoughts?
Hi there,I was chatting with a friend that I plan on partnering with in flipping houses with (in DFW, mainly Dallas/Far North Dallas areas) and she brought an idea across - to purchase foreclosures with a personal loa...
Margaret Feit
Properties Titled Personally but Reported on Partnership 1065
My husband and I have an LLC with a 50% split in ownership, taxed as a partnership. We own several rental properties, which we run through this LLC. We have separate business bank accounts and credit cards and run all...
Lakshay G.
Is my Lender charging me Higher than normal fees?
I am securing an off market deal in Anne Arundel County Maryland. Because it's my first deal, I think my lender is charging me high fees for settlement purposes. For example, appraisal fee is $650 and when I questione...
Chad Maxwell
Coventional Financing without Junk Fees
I am looking to purchase a couple home in Texas over the next 60 days. Both I expect to purchase under ARV. BRRRR one of them and live in the other. Can anyone offer some advice on what banks have no junk fees and ...
Stefani Mokris
Financing a property with a LLC
Hello!I would like to know if I want to finance a property using a new LLC, are DSCR loans my only choice for financing?Thank you!
Kevin Dickson
New Duplex/Triplex/Fourplease Design & Build - Metro Portland
Hey guys! I am trying to get estimates on how much it will cost for me to build either two duplexes or a fourplex in the Metro Portland area. Do any of you have any experience building small multi-families? I don't RE...
Yin Wu
My Private Mortgage Lender doesn't send me the payoff statement
I have a first deed mortgage of $600k with a private person in CA. Loan term is 6 months, interest only at 5%, maturity on 7/1/20. First payment is due on 2/1/2020.
I've been DU approved for refinancing. Escrow and ...
Saravanan Varadan
Payoff investment property?
I have an investment property (thats rented out) that I am paying monthly mortgage on. I still have ~60% loan left the property. I now got cash that could payoff 20% off the loan. Is it wise to close the loan or use t...
Nick Maynard
Off-market 4-unit opportunity - can't decide how to proceed
I'm trying to decide how to approach an off-market opportunity I've just come across. I recently purchased a three unit building in Saco, Maine which I'm currently house-hacking, and when talking to the landlord of th...