QUOTE (HeatherBrandt @ Apr 3 2008, 06:03 PM) Is there something specific that is decreasing the life of the property? Can it be fixed before you resell it? We assumed a house that only had a 15 year mortgage on it based on the appraisal at the time. We did some renovations and the next appraisal...
Hi my husband and I are new REIN members buying our 2nd property. This property had a positive cash flow of 303. per month (with a 40 year amort). The property was appraised stating that the remaining life is only 35 years. The lender therefore can only give a 30 year amort. decreasing the cash...
My husband and I have just purchased our 1st property and are in the process of renting it out. We received an application from a young lady that seems very nice, however she has very little employment information and no previous rental information (she lived at home with her parent). Is it...