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All Forum Posts by: Shane Sigman

Shane Sigman has started 4 posts and replied 8 times.

Post: Principal pay down on rent house

Shane SigmanPosted
  • Investor
  • Tulsa, OK
  • Posts 8
  • Votes 0

@Joe Villeneuve thank u

Post: Principal pay down on rent house

Shane SigmanPosted
  • Investor
  • Tulsa, OK
  • Posts 8
  • Votes 0

@Will Fraser thanks for ur input.

Post: Principal pay down on rent house

Shane SigmanPosted
  • Investor
  • Tulsa, OK
  • Posts 8
  • Votes 0

I have a rent house w/ a partner and we have $6500 in a repair fund from accumulated rent over the years. I’m telling my partner we should put that towards principle. It’s a small $60k house and we both have some money in case repairs r needed. Our interest on the mortgage is 6.75%. Is the smart play to put that $6500 towards principle? We owe $32k.

Thanks for any advice.

Post: Hard money lenders positives/negatives?

Shane SigmanPosted
  • Investor
  • Tulsa, OK
  • Posts 8
  • Votes 0

@Caleb Jordan know any reputable hard money lenders?

Post: Hard money lenders positives/negatives?

Shane SigmanPosted
  • Investor
  • Tulsa, OK
  • Posts 8
  • Votes 0

@Andrew Postell u know any reputable hard money lenders?

Where do I find a list of reputable hard money lenders?

Any recommendations on who not to use? Who to use? Do they try to hide fees?

Post: Hard money lenders positives/negatives?

Shane SigmanPosted
  • Investor
  • Tulsa, OK
  • Posts 8
  • Votes 0

What’s the positives and negatives of using hard money lenders?