will income from the owner occupied property that you are vacating and renting out be counted on front end debt or back end debt? Also a rental property that is NOT owner occupied is back end?Thanks!
I am trying to determine how much mortgage I can afford on a buy and hold property investment. I have a mortgage on my primary residence. My current overall DTI is OK (below 36%) but my front-end (house expense rati...
I was wondering how different investors out there are finding their back end buyers for their flip deals. I have been asking around and have heard some very different and creative answers. I was hoping you all would...
I have compiled a booklet of 56 potential property deals(each with picture and property report to match)...distressed buildings, townhouses, Brownstones in NY,Harlem Neighborhood. ..profit potential on most deals afte...
Hi All,I am currently working with a mortgage broker and they advertise that they complete the underwriting process up front versus doing it on the back end of the mortgage. They are pitching that this methodology mak...
In educating myself with how to start, I haven't found much information on how to take into consideration the cost of selling. Real Estate fees (6%), time it takes to actually sell (do you give yourself x number of da...
I have five single and multifamily properties that have some decent turnover. They are mostly near a University and downtown in Minneapolis, so I get a lot of students or young people just starting out. So I am show...
New to this country, and new to RE. A seller has a house that he owes $100k on. The house is appraised at $130k. Can I (the buyer) legally and ethically negotiate a deal where I buy the property with a bank loan for $...
We had an assignment to close no later than October 26th. They backed out today! We found another buyer but now we only have until the 31st to close according to the PA. Do we have to wait until the 26th passes to ...