23 October 2021 | 2 replies
For ex: If I get a HELOC on my primary home in January 2022, but like 6 months later turn that primary home into a rental and purchase a second primary home, would this be an issue?
29 September 2021 | 1 reply
I am not sure how a mortgage company can tell that you can not take a promotion at your job someplace else, or buy another home and move into that place, etc.We were in the same situation where we bought a home and months later we had to move again and we turned that him into a vacation rental.
29 September 2021 | 2 replies
I later got a call from him and he told me there was a lot of trash (beer bottles and soda cans etc), he sent me pictures of all this.
30 September 2021 | 2 replies
Then a year or so later, refinance, rinse and repeat.
30 September 2021 | 4 replies
Most of our properties are older than that but on our ideal criteria, we're looking for properties built in 1980 or later.
22 October 2021 | 10 replies
It sucks, but if you have to evict them, definitely do it sooner rather than later so you're not 2-3 months of no rent and with them telling you we will pay you everything next month (this happened to me!).
30 September 2021 | 3 replies
I recently sold my townhouse and made about 90K and am ready to invest on my first multihome (Florida market, planning on self managing as I am just starting out) Should I put down 20% down to make more profit (no pmi) and later on get a heloc to reinvest in more properties or use the fha loan for 3.5% down, I am thinking of house hacking at first and use the remaining money to invest in a couple more properties (less profit due to pmi)?
30 November 2021 | 4 replies
Let's say you bought a property for $200,000 and are later selling it for $300,000.
1 October 2021 | 6 replies
About 90 minutes later I get "what r u doing" on my phone from him.
9 October 2021 | 8 replies
Even if you get away with it, later if one of your lenders finds out that it is the norm to have a recorded mortgage, it might reflect poorly on you that you didn't suggest it.