The list price of this property is around 350K and the current NOI is abysmal roughly 17000. 3 of the units are vacant 1 unit is "rented" to the current landlord's son (rent free). Bank offered us a 15 year amort 6.25...

Hey board,I'm reposting this thread from the General Area as I thought it would generate more traffic there, hence more responses but that wasn't the case. I currently own 2 properties, primary and rental. Both were...

Hi All,I'm Hoping for some clarity and understanding with my current refinance process.The underwriter at the mortgage company I am currently working with for a refinance has requested that the appraiser reduce GLA (G...

Hello all.  This is more of a venting post than anything else.  But, feel free to respond with your thoughts on the fees and turnaround times you have seen lately.On 5/4 I scheduled an appraisal for 5/10 for a buy and...

So the plan was to post about my homesearch experience as it went along, but time seems to slip away. After closing on the property a month ago and the renovation now all complete - let the post commence!Bid on a 2/2...

Am I able to wholesale a property that’s on short sale and if so what advice would you give. All info appreciated. Newbie here.

Trying to figure out was the best loan to buy a rehab fix it up and sell it not trying to use too much money down

Here's the scenario:1) I bought a house 17 years ago in Tx for 45K.  Paid off the note.  Just sold for 90K. 45k capital gains.2) My wife owes 45k on a house she bought years ago with her ex. He quitclaimed the house t...

Today I signed my final loan documents and paid my down payment and closing costs at my escrow company. I also did my final walk through and set up a savings and checking account for my first buy and hold. Closing is ...

What are some of your recommendations to make a stronger offer for a sfh we will first use as a primary?For context, we plan on using a VA Loan as we are moving to cross country out west.7 day or less  option 1% or mo...