Christina Hall
STR pay-off or keep going
We just purchased our 2nd STR and our 1st is a total cash cow. We have enough cash to pay off the mortgage on that 1st property and cash flow even more OR continue to invest that money into more of the same asset clas...
Manan Shah
Mortgage refinancing advice
Hello,I have a rental property in NJ where majority of the mortgage is paid back and about $35K is pending on a $550K house. The problem I have is that I took a 7 year ARM at 3.5% interest which expired last year. The...
Pinaki M.
Comparing interest rate with CAP rate
Hello, maybe someone can make this more clear for me. I used to think that as long as the interest rate of an mortgage is less than the cap rate of the investment, the investor is guaranteed to make positive cash flow...
Dean Weltman
My Wrap Hit a Snag, Looking for Other Ideas
Guys and Gals,My first wrap hit a problem - HUD apparently doesn't allow wraps of FHA mortgages. I have a buyer ready and willing, but he insists on only doing an owner financed transaction.Here's the skinny: I have a...
Palmira Angelova
How to keep investing in Buy & Hold after hitting debt ratio?
Hey everyone!Curious to see how people have overcome the debt ratio hurdle. I'm a relatively new investor focusing on buy & hold, and very passionate about real estate. I'm about to close on my 4th property and wi...
Joe Arocha
a loan modification done but been turned down
Here is all my contact with Citibank:<> They are just bullshitting people.
From: [email protected]
Sent: Thursday, May 07, 2009 8:32 PM
To: [email protected]
Subject: Fw: Contact Information....
I need ...
Andrew Angell
Questions about being the lender on a secured loan..??
I'm researching some interesting private lending deals, and I'm a little unclear how this particular piece works. I'm going to speak to an attorney, of course, but I'm trying to prepare myself a little bit even for t...
Bianca Rodrigues
Partial Seller Financing Question
Hello everyone!I have an opportunity to purchase a mixed use property that seller is open to using partial seller finance. The property has two residential units on the second floor and first floor is a retail space. ...
Nat Tata
Getting a Heloc and a mortgage at the same time
I am trying to buy a property and get a mortgage on it and at the same time I want to take out a HELOC on my other property. These two will be at different banks, but my concern is that the banks might not approve eit...
Michael Sawtelle
Converntional funding as an LLC
Working through my NC real estate broker prelicense course and am hearing about how certain stipulations are placed on lending to corporations relative to an individual.Does anyone have issues obtaining a traditional ...