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31 December 2024 | 32 replies
I would not put so much on an appraisal report.A number of reasons might be the answer for this lower appraisal report:1- What city is this property located?
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29 December 2024 | 7 replies
Local banks typically offer lower interest rates but might require a solid track record and detailed financials.
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1 January 2025 | 12 replies
Which is why I pay more, for less cash flow in highly desirable areas.In high income areas, rent is a lower proportion of income so therefore your tenants have a higher capacity for paying higher rent because rent is less than 20% or even 10% of their income.
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2 January 2025 | 8 replies
You’re able to learn the basics of a real estate investment with lower risk and build equity at the same time.Because you're in the military, you'll be able to enter a property with 0% down which means you can leverage your money way more effectively.
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29 December 2024 | 10 replies
I would just take into account that a lower down payment will mean a higher monthly payment so be sure to run the numbers conservatively in order to ensure your STR revenue is able to carry your monthly payment with this higher mortgage cost.
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26 December 2024 | 2 replies
I would like to have lower monthly payments should I make a big lump sum payment towards my principals and ask my mortgage company to adjust it or refinance it or which one is the best ?
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27 December 2024 | 34 replies
Seems like it's in a lower end area so if it is filled you will have tenant issues and turnover cost.
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25 December 2024 | 5 replies
If I have lump-sum free cash, should I just apply it to my mortgage to recast so that my monthly goes lower?
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1 January 2025 | 3 replies
This implies residential units can be built at lower costs and provide better return. 11) adding an ADU to SFH can make the SFH fall under rent control.
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7 January 2025 | 24 replies
BoA is fine for this sort of setup.. but consider a local credit union in San Diego for lower fees and simpler sub-accounts from what I’ve heard.