I'm looking at buying a property at the upcoming auction. The 2nd is foreclosing and the sale is subject to the 1st mortgage. Is there any way to determine what the payoff is on the first mortgage?? I know what the...
All over this site, there are threads dedicated to "finding deals." In order to cut back on the number of these threads to be created in the future - which are often repeats of past ones - I want to compile the most e...
An older friend of mine recently told me that me paying my rent every month with a personal check instead of a money order will have a positive effect on my credit. Anyone ever heard of this??
I'm asking for 375k to buy 30 units (buy and hold) in the next 6 months, my investor wants to do a joint venture by creating a parent company with both of our llc's. Im doing all of the due diligence and long term ma...
Investment Info:
Condo buy & hold investment.
Purchase price: $87,200
Cash invested: $38,135
$87.2k for a 1br/1ba, $1,400/month rent, $371/month cashflow. 25% down, 4.375% interest rate (no point...
i think that being a mortgage broker not for a bank but for a non bank is not worth while unless you can earn a specific dollar figure each deal so if anybody can help a self driven indivisual like myself that would b...
Has anyone done an FHA assumption? What are the costs and underwriting. I have an opportunity for a sfh, that is 2 years into an FHA. The rate is better than market, but will they approve the transfer with our a fu...
Hi everyone,My wife and I are planning to purchase our first property here int he Decatur/Atlanta area. We're wondering if we should obtain a mortgage from the outset or pay cash and then refinance. The way I see it...
I posted this under another topic as well, so if you have already read, my apologies.Can you please confirm my understanding of this strategy is accurate...so, I buy a cash flow property in the following manner:Purcha...
After purchasing a property, renting it, and being fine with the returns you gain appreciation and decide to leverage this property into another. Obviously you're going to increase your mortgage amount on the original...