Hello, Can anyone help? I'm stuck!!! I have just finish a short sale and it is ready to close. But I'm not sure the best way to close on this deal. When I started this deal I thought that I would be assigning my cont...
I'm interested in purchasing a quad that is listed on the MLS. The owner has had it for many years and re-fied it with the same lender over the course of about 30 years. She now owes more than the offers coming in. ...
I'm a new member in the Jacksonville area. I was an investment analyst for two years for the Blackstone Group so I have the analytical side down pretty well. What I'm not well versed in is hands on entreprenurial expe...
I know this is a long shot, but I got a call from a gentleman today who lives in California and owns a 6-year old 1200+ sq foot house in Charlotte. 3br/2.5ba. Has had renters in it from day one. The last of which w...
Hi,I’m 18 years old and very interested in purchasing my first rental property. Are there things that you wished you had known when buying your first rental property that could be beneficial to me? Or are there just s...
Hello, I've been getting calls regularly from start-up companies offering what they call "guaranteed security deposit fee". I'm old school and just getting the hang of online rent payment software (awesome juice -btw...
I have a rental townhouse assessed at $114,000. Bank loan at $121,000. I'm $200 out of pocket each month to meet the mortgage and it needs a new roof. Wells Fargo owns the loan, but Bank of America services the...
A tenant in my rental property was recently involved in a car accident and he's seriously injured and hospitalized from this accident. The tenant is now disabled and unable to work. The only income source this ten...
Hi everyone!
So I've been dutifully reading and researching about REI since I've joined this site. I've mapped out my goals, and would really love to hear some feedback. FYI, I live in San Francisco and can't...
I have a few questions here:
1) if I have 2 year's tax returns with rental income reported but have not had the rental property for 2 years (say 1.2 years), will lenders still consider the income? I do/will have a si...