Mark Anderson
Refinance Halted From Paying Split Rent Out Of One Acct? Help
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...
Patrick Britton
When providing a referral to a valued client, never do this:
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...
Felipe Stefanoni
Share your PANDEMIC DEALS - Networking
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...
Chandler Smith
FHA loan refinance to conventional
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...
Jalpan Jangiani
Qualifying for FHA for MultiFamily unit
Hello Fellow House Hackers,This is a follow up post to my previous one. I got a really good response from all of you, which motivated me to proceed to the next step.So I reached out to my lender regarding my interest ...
Heather Schmidtknecht
Ready to leave my W-2
I started purchasing rental property in 2018, and I’m ready to transition to this full-time within the next 2-3 years, which means leaving my W-2.I’m posting here to gather some insight as to how to prepare myself, as...
Alexis Hernandez
How to find measurements for long distance rehabs.
Hello everyone. I'm currently reading J Scotts book on Estimating Rehab costs. At the same time I'm practicing estimating rehab costs. I'm having trouble finding measurements like linear feet for gutters, soffits fasc...
Kevin Jefferson
Lima One Capital
Has anyone financed a deal through Lima One Capital and if so how was the process and would you do it again?
Asal Al
Please help:( Cancelling a purchase contract before removing loan contingency
Hi everyone,
My husband and I were in a contract for a SF house in LA, having all 3 contingencies in place( inspection, appraisal and loan). We removed inspection contingency by signing CR1 form indicating: ALL Buye...
Mike Haworth
Foreclosure of Reverse Mortgage/Non Probated Property
Found a foreclosed property that was going to auction. Got the auction stopped and submitted a short sale purchase contract from my partner/investor to lender which was denied as the offer was less than the payoff an...