All Forum Posts by: Joakim Esaiasson

Hi guys, 

Looking for some advice on this.

we have 3 rental property and our primary. 

Rental  1) Value 190 000 with a mortgage of 75 00  at 4.8%  15 years fixed  (with inlaws as co-signer)

Rental 2) Value 175 000 with a mortgage of 71 00 at 4.525% 30 years fixed

Rental 3) Value 150 000 on a land contract  ballon in 3 years at 4.5%  the ballon is 110 000

our primary house is value to 285 000 with a mortgage of 160 000 at 4% on a 30 year fixed

My question is what should we do with the "Rental 3"? I don't think we can get a conventional mortgage for this one. Pay one rental off and then re finance and get cash back to cover the land contract, if so Rental 1 or2?

Ideas? 

Thanks

J

I would pay off the small debt. -it will give you less stress.. 

Another good read to start is to read The One Thing by Gerry Kelly.

That one will get you focus on the 10X

Hi Clay, just saw this post. do you have any contact for them?

thanks

Joakim

HI

I am about to build a 2 car garage with at apartment on top. How much should i expect to pay an architect for doing all the blue print?

Thanks

Joakim

Hi there,

We just moved to TC a few month ago and I am now looking to connect with other people that are interested in Real Estate of some sort in the Traverse City area (give or take). We could just meet for a coffee/beer and have a chat.

Looking forward to hear back from you.

(Ps. I need not set a time and location to be able to post here...so we can change time and location...;-)

Joakim

Hi can someone explaine to me what SA BA and TC stands for and 3.0

ListAgType     Exclusive Right to Sell

SA                   3.0

BA                   3.0

TC                   3.0

Variable Rate   No

Sold Price

List Date        4/2/2015

Thanks 

Joakim

Hi everyone,

I have found a property that i am intresteaed to have a closer look at. the property is zoned R-15 and have two houses on it. Main building is a 3 story + basement with 1400 sq ft on each floor. The second building is have layout of dubplex 600 + 900 sq ft, but need all the interior.

What i am thinking is to turn the main building in to a 4-plex and use 1 unit for my self. the duplex would be 2 unit. Can i get a FHA or VA loan to do this?

Should i foucus on get the duplex ready for rental or focus on the 4 plex?

Thanks

Joakim