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What level of finish does a home need to be to qualify for conventional financing?I'm looking at a home north of Seattle that is a two story home that is gutted on the first floor, and completely remodeled and finishe...
I had a tenant move in on the 1st of October. he informed us on the 12th that his freezer isn't freezing. I have a warranty but they didn't have a contractor that works the weekend. so I wasn't able to schedule them t...
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I am being told by an attorney that because of the Mortgage Licensing Act of 2008 I cannot get a seller to hold the paper. I do not understand because I hear of people doing this.
I recently purchased my Single family home with the VA home loan. I now am currently saving for a future multifamily home. My question is, now that I have already used my VA home loan can I not use it for future non r...
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Ok my title says a lot and not a lot at the same time , lol. So here’s my hypothetical question, I find a “for sale by owner” that’s selling a duplex that’s fully rented. I convince him to “lease/rent to own” to me. T...
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I’m looking to get involved in rental property investment, development and management (newbie 😊). I have this insane idea that I could make this happen with a family member who happens to be a war Veteran. I’m looking...
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Property appraisal value: 265K
Borrower's down payment: 79K
You 1st trust deed: 132K
Seller: 2nd trust deed: 70K
Two year balloon
In addition to the high combined loan to value, what e...
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I own a mobile in Colorado Springs that I purchased in 1997. It is in great shape as all the maintenance has been kept up on it and many improvements. It is located on a double sized corner lot in a quiet mobile hom...
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I'm having a tough time finding end-buyers who can qualify for a mortgage right now, but many people I've talked to are 3-12 months away from qualifying if they get proper credit repair guidance.
For those of you tha...
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I'm going to be heading off to basic here soon and was wondering if anyone had any suggestions on what type of investment strategies would work best for when I get stationed. I have wholesaled a couple properties in m...