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Hi everyone. I'm hoping you can help me find some good DSCR lenders and give me an idea of the going rates? I was quoted 9.75% for a DSCR on a rental property recently. Is that average? High? Low?! As I am shopping, w...
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Hello,I am in need of some direction. I am a tax lien investor and recently a judge entered foreclosing rights of redemption in my favor, so i'm getting ready to settle all the arrears so that i may gain access to the...
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Hello everyone, hope everyone is investing happily and profitably! I have found a circa 1921 quadreplex in one of the best areas of Raleigh, NC. Its in an area which is extremely desirable for renters and buyers. Th...
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Hello there everybody-
I have two questions I would like to ask and hopefully I get some good feed back, thanks in advance!
1. I know the max. contribution to an IRA account for 2008 is $5,000 unless you are over th...
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Hey everyone! I'm Joseph Ranola, Police Officer, Real Estate Agent and aspiring Real Estate Investor from Staten Island, NY. I've been here for a little while but have never made an introduction, and I'm still extreme...
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Howdy all, I'm thinking about purchasing another rental, but this would be in very very very blue collar area. Crime is not bad by any means. My other properties are in an area that require a somewhat higher income in...
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Earlier this year we bought two houses that needed major work. We purchased them with a Fannie Mae Homestyle loan, which is similar to an FHA 203k. I got a bit carried away on the rehab, going beyond the bank loan amo...
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So please correct me if I'm wrong. But, I have to reside in the house for a year if it is a FHA loan? What if I was to find a house and use the FHA plus 203k loan, then once I'm ready to sell convert to a convention...
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I just got finished reading Thomas J Lucier's Pre-Foreclosure Investors Kit. Any of you who are just getting into or plan on getting into the pre-foreclosure investing business should seriously consider reading this b...
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I have a SFR being managed by a property manager. It is currently rented out. I have about $5,000 in the property management account for "cash reserves". Six months PITI (principal, interest, taxes, and insurance) is ...