My lender is requiring I carry Hazard insurance on my investment property. They are asking the policy equal the 'unpaid principle of of the mortgage' which would be $90k. Is this normal? How much would the monthly pr...
If the numbers were good with all things considered PITI, maintenance, vacancy, capex and management, would you invest in a remodeled property on a busy main street? Property is rent rented at $725 to $750...
Hi guys, Im wondering in anyone has experience setting up one of these structures in Texas? Im looking to setup a company structure this is able to get finance in TXIve contacted CPAs but as of yet am yet to receive a...
Has anyone heard of wealth accelerator system? It’s through RP Capital- sounds like turnkey investing. It seems like they do all the work(proformas,strategic planning,etc) curious if anyone had tried something like t...
I am currently in the process of completing my first deal. I have had an offer accepted on a quadplex and just had the inspection completed today. I am also currently completing my mortgage application. I would like t...
Anyone know of a good resource to check out the % of short sales in different parts of the country? More specifically per county... Would I have to go to the courthouse of each county or is there an online source th...
Has anyone bid on/bought property at the White Plains courthouse in Westchester County? I'm looking for any info on deposit/terms of sale, as well as the actual location of the property auctions.
Thanks in advance.
I'm with a transactional lending company and we frequently have to turn away flip deals because of seasoning requirements for the transfer of title. Although some investors can occasionally get the seasoning requireme...
The current company we are working with is asking way too much in junk fees to underwrite a loan. Does anyone have a loan officer or broker that they could recommend?Thanks in advance!
Hello,I have a Investment Group looking to acquire Single Family Rental Portfolios.(10+ houses)I am in my second year of Real Estate and have never done this type of deal before. Any suggestions or things I should be ...