19 February 2018 | 1 reply
I'm definitely curious what figures other people are using that invest in condos)Property taxes: $200Payment: $344 (5%, I'm hoping I can get this, but going to reach out some banks in the next day or two)Monthly Cashflow: $239Yearly Cashflow: $2868Cash on Cash: 15.9%Again, I'd very much appreciate any constructive criticism and thoughts.
20 February 2018 | 2 replies
Once the bank buys them back at the courthouse they will list them with a real estate agent.
20 February 2018 | 3 replies
Hello - I'm looking for some advice on a bank/company to work with on a cash out refinance in Louisiana.
21 February 2018 | 8 replies
I’m currently in the process of a Cash Out Refinance with a local bank to gain access to the equity with the intent buy more rental properties.
20 February 2018 | 5 replies
The issue I run into here are limits on how many mortgages I can have in my name from various banks.
21 February 2018 | 11 replies
Falls under state jurisdiction not county.
25 February 2018 | 6 replies
But it was only for that year as apparently they couldn't charge me for anything before I purchased it from the bank.
20 February 2018 | 2 replies
We've held in our personal name (as required by the bank we bought it from) since 2003.Our plan is to use our purchase price as our capital contributions.
20 February 2018 | 12 replies
Like any other legal document that may already require a notarized signature, you can have the rental agreement notarized - the notary checks your identification, records it, and gets your thumbprint.Most UPS Stores and some banks/credit unions have notaries available during business hours - don’t bring your notary “friend,” as the tenant may not trust them either.
20 February 2018 | 1 reply
If it was a traditional bank then maybe they would be more open to discussion if you were to leave a large amount of your safety net sitting in an account at their bank for a certain time as a "hedge" against your possible failure while also giving them room to lend more to others (because of the $ they have on deposit)?