
12 January 2025 | 8 replies
@Diandre PiercePaying down mortgages is the opposite of scaling.

13 January 2025 | 2 replies
Talk to a mortgage broker or lender experienced with LLC-owned properties before transferring ownership.

13 January 2025 | 8 replies
You're going to end up paying a lot more interest on a heloc than a 2nd mortgage, if you intend on holding that debt for more than a couple years.

16 February 2025 | 29 replies
A real basic guess is 30 houses each cashflowing $1,000/month.In Metro Detroit, this means $1500+ in rent, with the difference convering taxes, insurance, maintenance and vacancy - NO MORTGAGE!

16 January 2025 | 10 replies
This year is slower than normal because mortgage rates and home prices are so high.

11 January 2025 | 3 replies
With most mortgages you can move after one year without any problems.

15 January 2025 | 15 replies
I was hasty due to the higher mortgage rates, and it turned out to be a huge mistake.

16 January 2025 | 12 replies
So your capital gain when you sell this property will be calculate against your tax basis and not against your mortgage as many investors expect.

12 January 2025 | 7 replies
Just note that if you want to put the property into an LLC and have a mortgage on it, you will need to talk with your provider to see if this is possible without refinancing.

10 January 2025 | 6 replies
Also the home is a subject to, where we are paying the remaining 3% mortgage, so a full refi would not be a great answer either.