One year ago I purchased my first rental, house hacking a 4000 square foot duplex. I am looking into getting my second one here soon and need advice. I believe I have two options.
Property Info:
Purchase Price: $365...
I have 2 cars that we are trying to exclude the payment from for dti ratios.
One was owned at $852 monthly payment (this was refinanced to remove borrower from the loan)
this one is giving me a problem because they ...
I noticed that one local agency in my market gets all the homes that are taken back by the bank(s). How does this one agency get all the listings? How can I work my way into handling the sales (by listing) the propert...
Why should I buy now instead of a little on down the road when prices go down and intrest rates go up? Any insight on this?
Just curious as what would be the better option here:
1) get a personal loan that would pay for the land and the mobile home or
2) get two separate loans one for the land and one for the mobile home?
I found 3 quadplexes in San Antonio, TX, on one lot, that have been abandoned for a few years now. After contacting the previous owner and agent I found out there was a falling out between partners. One quad is semi c...
I own a SFR rental property where I am the only one on the mortgage but title is held Jointly with my wife. My wife would now like to get a mortgage of her own :-). For the purposes of DTI calculations, will the mor...
I am currently looking purchasing my first multifamily. Quadplex. Other than mortgage payment, taxes, water, sewer, trash, grass mowing. What am I missing? Also the electric water heater for coin operated washer a...
My daughter lives in the Detroit area (Mt. Clemens) and started investing in SFH rental properties last year. She is looking for a CPA with real estate experience in her area. She has one rental unit now and is closin...
Has anyone on here have an as difficult of a time closing a deal on hubzu as I am right now?