All Forum Posts by: Gary Hirthler

Wow, thank you all so much for your wisdom and inputs. 

Our mortgage broker "forgot" to mention closing cost (our bad for not doing thorough enough investigating and researh, AND now trust is a bit fractured) - I'm wondering (I've gotten 5 calls this morning from mortgage companies) should I have shopped around more? Any adivse?

We are set to wire deposit today to go into escrow.

Your time and thoughts are much appreciated!

Gary

Hello,

First time poster starting rental property investing journey feeling stuck:

*I love all the numbers posted in Rental Property Investing (Turner), and I'm not seeing how they would work now with the interest rates. 

1. How are folks investing in rental properties right now if they don't have all the cash down?

2. If the rent doesn't cover all of the expenses (no or negative cash flow)[, is it ok to put some of the money I am already saving each month toward covering some of the mortage (hopefully not) and expenses that tenant rent isn't covering? With the thought that once rates drop I can re-finance to get mortgage payments lower.