I have a property that appraised for 200k around 3-4 years ago. I owe roughly 100k on it. I refinanced it a few years ago to a 15 year loan with the mindset of paying it of early. I've definitely read about a much ...
As I begin the process of refinancing a couple of buildings that I have successfully repositioned, I’ve been a little skeptical of using the cap rate in the original appraisal. My Question....Assuming the building’s c...
I called a couple of banks yesterday to get information about getting an fha loan on a duplex. The problem I ran into with the first bank (and confirmed by the second one who returned my phone call) was “to consider a...
I own a rental that produces $250/mo cash flow currently. My wife and I want to buy another rental or a fix-n-flip. We are considering cashing out the equity in our rental via refinancing. The property is valued at...
I own a condo as my primary residence and I have lived in the condo for 5 years. I refinanced my mortgage on the condo 6 months ago as my primary residence (30 year fixed, conforming loan). I plan to move in the nex...
I have been pre-approved for a 100% FHA loan for up to $70,000. It would be 3.5% down, however, the estimated monthly payment she quotes me does not sound at all right. Note: This is a 30 year fixed.
P&I $304.70...
I'm hoping someone can help me here.
We just built a home but we have not yet sold our current home. If we close the new loan now, we can get a low interest rate because it was locked in when the construction starte...
http://loanmodificationfoundation.com/2009/01/differences-between-refinancing-and-loan-modification/
in the "article" it says "Homeowners don’t have to pay the closing costs upfront because they just add them to the ...
What are the pros and cons of FHA loans? It's something I hear a lot of people talk about, but unfortunately do not know much about.
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Petoskey.
Purchase price: $170,000
Cash invested: $20,000
Our (Konalynn RE, LLC) first property; already looking for the n...