Shannon Cannon
FHA mortgages for duplexes
Hello! So I feel like I'm finally making some traction with buying rental properties but not sure where to go from here. My husband and I just purchased 1 side of a duplex with cash. We are looking at 4 more units t...
David Smith
Lease Option - Taxes and Insurance?
Who typically pays for the property taxes and insurance during the lease portion of a lease option? Is it always negotiable or is there a standard?
Bill Goodland
Is your net worth negative?!
So as I am gaining personal finance and real estate knowledge I have certainly developed a strong appreciation for tracking your net worth and cash flow and the importance of both. I know a lot of peoples goals are to...
Taylor Hunter
Can't get financing with bad credit history.
So I'm stuck in a position where my credit score is good, but my credit history 4 years ago is bad. I have more then enough money for a down payment with no monthly debts at all. And yet I cannot find any lenders. A l...
Ryan Dossey
Contacting for rent homes on zillow and asking them to sell
My wife and I will be moving to Indianapolis. We are looking to buy a multifamily home. 1-4 unit. While I have great credit and down payment funds I will not qualify for a traditional mortgage. I plan on going full ti...
Steve Kirsch
options of a reverse mortgage
Hello BP Peers,I have a relative who is looking to move and retire to another state from where she resides. She has a condo now with a remaining mortgage of about $100K. The condo's un-appraised value is approx $250K....
Sam Hudacek
Will a Subject-To property count towards DTI?
I recently closed on a Sub-To deal, I took over the mortgage payments for the seller while the loan stayed in place in their name.Going forward, if I were to buy another property with traditional financing. Can I use ...
Evan Vallis
Transferring Title w/ Mortgage
Hello, I purchased a home in Michigan and am entertaining sectioning off the lower level as it's own apartment, and renting it out to a tenant below. It has its own kitchen, bathroom, etc. I would be living on the upp...
Jim Kluttz
1st lien Heloc lenders in NC
Hello to all! Looking to do a 1st lien Heloc, property is in the Charlotte NC area. Anyone have a recommendation for lenders?Thanks in advance, Jim
Account Closed
SUB2/WRAP DEALS = GOING TO PRISON!!? :(
Hey BP,I'm in FL and am fascinated by sub2 deals with wrap mortgages. I am wanting to utilize this as a way to invest and add to my portfolio. So I was talking with an attorney and he mentioned equity skimming laws ...