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All Forum Posts by: Pia Grace Fernando

Pia Grace Fernando has started 2 posts and replied 4 times.

Thank you for your input. I think I’ll go with the higher interest route. 

Hi,

What are your thoughts on creating a seller financed deal? Is it better to price the property above market value but at a lower interest rate, like 4-5%? Or current market price but higher interest rate?

Thank you!

Thank you so much for all your inputs and advice. I appreciate it. I received great information from all of you.

Hi,

I need help to decide!

I currently rent out a SFH in Los Angeles, CA. Cash flows $300/month. I have an estimate of $200k equity on it. However, I have an opportunity to purchase an 8-door apartment in Killeen, TX. But it's negative cash flow $400/month. I will have the opportunity to raise rents by end of 2023.

Can someone give me insight on this? What would you do?

Thanks in advance!