Hello everyone. This has potential for my first deal so please chime in and let me know your thoughts.I stumbled upon a property that currently has tenants in it, who want to buy the house, but do not qualify for a mo...
Investment Info:
Single-family residence buy & hold investment in Dallas.
Purchase price: $130,000
Cash invested: $130,000
A 4 bedroom 2 bath house in a decent family neighborhood in Dallas.
...
Ok I keep looking at deals and running numbers and I keep wondering if I am estimating high on property taxes. Many deals I see the assessed values are lower, sometimes much lower than the sale price. So I estimate my...
Hello BP! I have just read the guidelines for Freddie and Fannie. My question is can you no longer use those loans for a 2-4 unit house hack. Also what other types of loans would be ideal for a owner occupied 2-4 unit...
Hey guys, Im still at the beginning stages of establishing a path to financial freedom but I have started. I need advice about the best way to get the money out of my house to purchase my next one. Here are the numbe...
I was wondering if anyone has a referral on any portfolio lenders that offer in-house(portfolio) loans that offer cash-out refinances of at least 70% LTV, AND have no title seasoning period like the standard FHA 6 mo...
Ok interesting situation here i am on lender #3 and no one can seem to sort this one out. I have a quadplex bought back in 2017 for $550k & 5.5% mortgage rate. I have a appraisal for that property for $730k but ca...
Recently, I asked a "vendor" with whom I've had a professional relationship for 4 years for a referral to a real estate agent, because the previous two I had were idiots. He gave me a brand-new rookie, fresh out of l...
Hello folks,My name is Felipe, I'm RE investor and just got my RE license past month.After a few years of investing in real estate (99% of my investments was raw land acquired through tax lien and tax deeds), I decide...
I read an article awhile back about refinancing an FHA loan to a conventional loan. If I remember correctly in order to refinance you must have 20% equity in the house.
So my question is: If I bought a house on an FH...