
19 February 2025 | 26 replies
My advice for you is different than everyone else. 2 years ago I was in your shoes.

10 February 2025 | 5 replies
Since your property has high resale potential, some lenders may be willing to work with you.Cash-Out Refinance – If you’re open to refinancing, you could take out a new mortgage for a portion of the home’s value (say, 60-70% of the $500K), and use the cash difference for renovations.Personal Loan – If you have good credit, you might qualify for a personal loan for part of the rehab costs, though interest rates are typically higher than secured loans.Partner with an Investor – Given the potential profit, you may be able to find a real estate investor or contractor willing to finance the rehab in exchange for a share of the profits upon sale.Your best option depends on your financial standing, timeline, and risk tolerance.

6 February 2025 | 4 replies
In fact there are quite a few sellers who will opt to go with a different buyer solely because they don't want to deal with the perceived headaches of a VA buyer underwriting process.

12 February 2025 | 16 replies
There needs to be a massive price difference which means small.

11 February 2025 | 25 replies
If so, they are different animals.If you go to help.rentvine.com, you will see the phone number.

10 February 2025 | 21 replies
Putting 10%+ down with a different lender and getting lower points and interest is 100% better.

17 February 2025 | 11 replies
It's very different than Airbnb so don't expect it to work the same.

6 February 2025 | 7 replies
There’s a lot different tenant types and I’ve spent a lot of time figuring things out.

3 February 2025 | 5 replies
If it's the difference between $1800 and $2200 but you have to cover utilities too, not worth it.

6 February 2025 | 3 replies
Maintenance and potential repairs will also require a long-term financial plan and setting aside a contingency fund for such expenses.The steady cash flow, appreciation over time, and tax benefits can make a meaningful difference to your wealth in the long term, especially with the principal paydown on the mortgage.However, if managing the property from a distance feels too burdensome, or if you’d prefer the certainty and flexibility that comes with having less debt (especially given the high mortgage rates), selling and using the $100,000 in equity to reduce your loan for your next home may be the smarter move.