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13 January 2025 | 11 replies
If tenant below is paying 1,500/m he's living in area he wants for roughly 750/m P/I payment.
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16 January 2025 | 23 replies
There was also a loan grant available from the state of NH for first time home buyers for 3% down payment assistance.
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16 January 2025 | 0 replies
We refinanced and cashed out all our renovation budget plus $5,000 and actually kept monthly payment the same as rates had dropped.
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15 January 2025 | 2 replies
Start working towards a 5% down payment so you can house hack a MFH.
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25 January 2025 | 12 replies
The wrong tenant can lead to non-payment, evictions, and property damage.
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3 January 2025 | 4 replies
Hello, looking to potentially use a hard money lender in NJ. Can anyone recommend some stand up lenders I can speak to? Also if any NJ agents that are familiar with using these and transitioning out of them can reach ...
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16 January 2025 | 20 replies
To me, having one mortgage payment for 2 - 4 houses (basically) always seemed interesting and like something that would give me more bang for my buck.
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15 January 2025 | 6 replies
Most lenders I work with would lend you 70%-75% of the value of the property, but only so much that your NOI/profit is 20%-25% of the monthly loan payment.
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24 January 2025 | 36 replies
Also we felt we were going to make more self managing than with the payments they were offering.
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1 February 2025 | 23 replies
Otherwise, move debt down to a 7-10 year time frame + lower monthly payments.