All Forum Posts by: Pauline McCalla

Thanks for the response. I'll look into the CU's but I need a HARP lender.

Has anyone ever done business with Cash Call Mortgage? I never heard of them before. Their name came up in a list of potential lenders I received from Lending Tree. I am planning to refinance my rental, so I wanted to see if I could get a better deal than going through my current lender.

My rent is also due on the 1st with a 3 day grace period. A $50 late fee is due on the 3rd and $5 per day thereafter. If rent remains unpaid after 7 days I immediately start the eviction process.

@Dmitriy Fomichenko

Thanks for the welcome and vote!

@Mehan Kamari

Thanks so much for sending me this great video. I had no idea there was a bigger pockets you tube channel. I will definitely use these guidelines in evaluating future deals. I don't know if this rule should also be applied to single family homes but my mortgage payment was way over 50% especially on the property that I sold. I'm paying about 65% of income on mortgage now, so I am not operating within these guidelines. The original deals were just bad, the real benefit to me is on the taxes. I have a positive cash flow on the current rental but the margin is slim.

@Brandon Turner - Thanks for the tip on the keyword alerts. I completely missed that when I was setting up my profile. I scrolled through the recent podcasts and see so many that I want to listen to. Guess I'll be spending a lot of time on this website.

Thank you @Rodney Walker , @ Brian L , @Ryan Steele for the welcome. I started reading through the beginner's guide last night and plan to hit the books again tonight.

I'm thawed out and ready to go. I'm really excited about learning from this community. I purchased two rental houses 7 years ago and still own and manage one of these properties today. I have been pretty much out of the game since then and I am so ready to re-engage, increase my knowledge and meet other investors. I found biggerpockets in a web search and I am so glad I did. Here's to new begginings!!