19 November 2008 | 6 replies
They usually limit seller assistance to a few percent.If the seller were to sell you a house for $100K and do owner financing, such as a wrap or a contract for deed, and you were to make payments to them for a while, then you should be able to find a bank that would do a refi.
7 December 2008 | 14 replies
We want to buy multiple properties, and have limited cash.
4 November 2008 | 1 reply
I just have a few rentals, and wanted to know where to get a REAL credit report, and background check on my applicants.
24 December 2008 | 11 replies
Do you know what your policy limitations are?!?
18 December 2009 | 9 replies
Especially one triggered by their breech of a contract.You could remind them it would be far less traumatic for you to make your current buyers whole than it would be for them to have a foreclosure permanently attached to every mortgage application they fill out from now on.
12 November 2008 | 2 replies
I think a 5 page rental application for a $600 rental is ridiculous and a big waste of time for the landlord.
30 January 2009 | 12 replies
Consistently came in high, even after cherry picking the most applicable comps, leaving the flips and short sales out.
21 November 2008 | 3 replies
Depending on how many properties you own you might be up against Fannie/Freddie limits on max # of financed properties being 4.
3 March 2010 | 8 replies
At the offering price this house seems too risky for the limited return.
21 November 2008 | 11 replies
I use my HELOC for investments and becuase of my "fear" of the lender reducing the limits, I have kept it maxed out, for the most part, rolling money from one investment to the other rather than paying it down and reducing interest, as that would be a point in which the lender could reduce my limit and I would no longer have that full amount available.