Hi all - I am a real estate investor looking to grow my portfolio. I have about $100k available in cash to buy my next few investment properties. I am looking for turnkey homes in the $60-85k purchase price range ( I ...
Hello,I sold a property on seller finance in August 2024. The loan is still on my name, but is being paid off every month by my buyer. So, for the interest paid on the loan from August through December, who can claim ...
I just learned this today, VA loans can be assumed by non-military buyers! This is exciting news to me and I'm surprised I hadn't heard it before since my husband is a veteran and we've purchased several homes VA as w...
Current Situation:1. Bought a 2bed / 2bath condo in NYC for $800k in 2011, with $500k down $300k mortgage.2. Condo is netting approximately $2k a month. It has a 15 year tax abatement that will start escalating in a y...
I know someone that works for a lawyer that represents banks when properties go into foreclosure. Now I am new in to the real estate world so please bear with me. This particular person works in a department where h...
Is it possible to buy properties out of state with 5% down? I keep on hearing people say that you're typically going to want 20-25% down for an investment property but is it still possible to do 5%? Would a piggy back...
Hi folks, I have a question: Is it possible to get a mortgage without having a job? Here's the situation... I work in architecture and used to work construction. I would really like to transition to small-scale, resi...
South Carolina Investors:Does anyone know of any South Carolina banks that will allow subordinate financing on investment property (residential or multi-family)? I've come across some deals that the seller is willing ...
Hello, has anyone in and around Buffalo, NY had experience with the company Premium Mortagage for financing. If so please share your experience. Also has anyone purchased a home using the “Home Possible” program and w...
I found a ranch I made an offer of 80,000 (asking 125,000), Now I calculated that the renovations should cost in around 50,000, plus 2 closing costs, carrying costs, and realtor fee another 30,000. THe comps in the ar...