Steven Nieves
House hacking with short term rentals
What can anybody tell me about implementing the house hacking strategy with short term rentals? What are the best property types for this kind of strategy? Does anyone on here have any experience with this?
Chris Jerome
Closing Costs
Hi Guys & Gals
I'm wondering if there is a rule of thumb guide maybe a percentage to closing costs.
I'm thinking about Illinois and a SFH of around $200k in case this is relevant, it probably is :-)...
Billy Rowe
3rd party approval
what does 3rd party approval required mean? I'm looking into pulling the trigger on my first rental (single family) this summer and all the homes I'm interested in say this in the listing thanks!!
Reece O.
Business Credit vs. Personal Credit
Hello,
I have heard when applying for business credit, such as a loan in the name of an LLC, that personal income isn't as much of a factor as much as your business and personal credit profile. Is this true? Can you ...
Krystian Sosinski
What fees are included in the lender's APR calculation?
I'm building a spreadsheet mortgage calculator for my toolkit in excel. It encompasses many variables and can be used for fixed FHA and conventional loans. I'm almost finished with this project but I'm having trouble ...
Account Closed
Please eval MF Financing
Quadplex (1 roof) set up with 4 front doors, 12 bedrooms total- accepted offer of 270k.
We plan to convert to 12 rooms of student housing. Currently 3 of the 4 units are rented by families but we plan to let those ...
Matthew Johnson
First investment done the wrong way, moving on to next soon.
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $270,000
Cash invested: $24,000
Bought a duplex the wrong way but at least didn't put too much into it. Min...
Kevin Arias
In escrow Los Angeles home bad or good deal?
Hello I’m a first time home buyer. Here is my current deal:749k listed price on ZillowOffered $820,000k 30yr conventional loan at 5% down. 7.01 interest rateNAF cash all cash loan 1.6 on top of purchase price. I would...
Geoff Bishop
Refinance Calculators - Pitiful !
Is there a single Refinance Calculator on the web that takes into account MORTGAGE INSURANCE (PMI)? As in, I'm paying it NOW, and I WON'T BE PAYING IT after I refinance, so include that in my monthly savings, please....
Angie Castro
Primary Flipping Success Story
I had a client come to me with a budget of $500k. She wanted to buy a house but for herself but also wanted a rental property. She had saved up around $30k.
Usually someone will use those $30k towards the down paymen...