14 August 2018 | 5 replies
We could get an extra $1k monthly without blinking, and there are 3 other ways to add solid income on the property after the 1k (boat storage is super desirable, coin op laundry as tenants drive 15 minutes out of town for laundry currently, small RV park or storage).
1 December 2018 | 18 replies
The original numbers for each park looked good to me, but when I added 3% vacancy, 5% capEx, and note payments, my cash flow decreased significantly.
15 August 2018 | 4 replies
I guess the only other detail we don't know that may be important is how much down payment they're requiring of you.I'm of the opposite mindset.
28 August 2018 | 2 replies
While investing in PA and looking for a deal... what is the range of down payment you may put down?
12 August 2018 | 1 reply
Can one buy a property buy pre-renting for blocks of time ahead of the actual purchase?
12 August 2018 | 0 replies
I am working on my fourth Airbnb property deal and have found an individual interested in funding the initial down payment/reno cost for a stake.
21 September 2018 | 7 replies
If you really have $60,000 in equity then you may be able to get a HELOC to cover a dow payment for the proper.
16 August 2018 | 10 replies
Unless you need help with a low down payment, a traditional loan is better than a FHA insured loan.
14 August 2018 | 6 replies
From your report it would be $4,360.56 ($363.38 x 12) / $72,100 ($59,600 Down payment + $2,500 Closing cost + $10,000 Rehab) = 0.06047 or 6.05%.
28 August 2018 | 23 replies
I would guess if 100 people followed this plan, 90 wouldn’t make 1 month’s rent payment after they couldn’t rent it out.