Tag Archives: property

Is buying rental property a good or bad idea?

Question by Kirk A: Is buying rental property a good or bad idea? I was considering refinancing my mortgage and taking an additional 40k out as a down payment to buy a rental house. Is this a good idea? What … Continue reading

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Do I have to be behind on my Mortgage payments before I can request a short sale on my property?

Question by Luis C: Do I have to be behind on my Mortgage payments before I can request a short sale on my property? I don’t have enough equity, all of a sudden, in my home. I have Good Credit, … Continue reading

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How does a deed of trust work if there is a prior lein on a property?

by merfam Question by PlasticTrees: How does a deed of trust work if there is a prior lein on a property? I’m getting ready to meet with an attorney and the guy that wants to sell me a house. The … Continue reading

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Q&A: What is acceptable to prove you are not responsible for a real estate property payment?

by woodleywonderworks Question by Just BN Me: What is acceptable to prove you are not responsible for a real estate property payment? I recently divorced. Me and My ex were both on the mortgage of our house. He now has … Continue reading

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If a property has a reverse mortgage and the owner has passed away, is there a way for the heir to refinance?

Question by MisterRE: If a property has a reverse mortgage and the owner has passed away, is there a way for the heir to refinance? Due to market conditions the heir is having difficulty selling the property. The reverse mortgage … Continue reading

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How can I convert my property type from Manufactured Housing to a regular home?

by truliavisuals Question by Holly08: How can I convert my property type from Manufactured Housing to a regular home? When we took out mortgage loan we took it out for a used double wide and put it on to a … Continue reading

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Q&A: can you refinance even if your property is worthless than you owe?

by marsmet526 Question by sphix: can you refinance even if your property is worthless than you owe? I have mortgage that is more than what the house is worth in this market, is refinancing option still available? Best answer: Answer … Continue reading

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In Texas, can you refinance a mortgage if changing from a primary residence to a rental property?

Question by Hokie: In Texas, can you refinance a mortgage if changing from a primary residence to a rental property? ***More specifically, can you refinance even if you have little or no equity in the home?*** We currently live in … Continue reading

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Q&A: Is it better to refinance or get a mortgage on my own property?

by danielmoyle Question by batman: Is it better to refinance or get a mortgage on my own property? Bought as investment, 62k into it worth about 90k. Is a refinance tax deductible? Best answer: Answer by RexNot as an investment. … Continue reading

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Q&A: If I just refinanced my home mortgage, can I finance a new investment property soon after?

Question by J.: If I just refinanced my home mortgage, can I finance a new investment property soon after? I just refinanced my home last month and got a much lower rate and payment. Of course, this means my mortgage … Continue reading

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