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9 October 2024 | 10 replies
Lenders will require 5% down and you will need to meet the conforming loan limits (not high balance unfortunately).
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9 October 2024 | 10 replies
Helocs are great for this because you don't have to make payments until you use the capital and if you don't have a balance you don't pay.
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9 October 2024 | 17 replies
Find the balance where land is decent, but rents are high.
10 October 2024 | 0 replies
Selling the properties can help mitigate potential financial losses associated with leaving them vacant and provide essential funds to navigate significant life transitions.Or it could be that you have reached your financial goals and now want to take it easy and regain your work-life balance.14.
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7 October 2024 | 4 replies
I found this but I can't understand what the other costs are https://www.narpm.org/members/resources/rent-vs-sell-calculator/SFH current value: $441,000Bought for (2020 new construction): $362,000 (primary residence till Nov 2023)Mortgage balance: $218,000Interest rate: 2.375% for 15-year loan (12 years left)Annual Tax, insurance and HOA: $7,000Current rent: $2950Appreciation: Reached $441K in March 2022 and has stagnated since.
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8 October 2024 | 0 replies
Mid-term rentals cater well to this demographic, providing a balance between long-term leases and short-term rentals.4.
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8 October 2024 | 4 replies
How do you balance affordability with growth potential?
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3 October 2024 | 2 replies
I'm particularly passionate about [multifamily homes]Outside of real estate, I enjoy [Family, helping others, dieting, gym, just all around being a productive member on society and my community ].Excited to learn and connect with you all!
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6 October 2024 | 1 reply
The issue I'm encountering is the loan balance is now under 50k for each property what are my options besides a personal loan to purchase?