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21 February 2025 | 17 replies
However if you are bringing no equity to the deal they might scoff at the idea.The other thing you could do is find someone who trusts you who has money and wants to lend it. ( Private Money ).
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20 February 2025 | 12 replies
Depending on how close I was to having 20% equity in the property and being able to avoid PMI, I’d consider using some of my cash to pay down the mortgage when I refinanced.
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31 January 2025 | 0 replies
Investment Info:Single-family residence buy & hold investment.
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20 February 2025 | 11 replies
Currently the portfolio is 5 properties, 7 doors, valued at $1.2M with $558K equity.
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18 January 2025 | 15 replies
Reverse Mortgages (HECM or Home Equity Conversion Mortgage) can be a FANTASTIC tool!
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21 February 2025 | 23 replies
Residents with sufficient income will relocate to more desirable areas, causing a downward spiral of declining average incomes and deteriorating city services.
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29 January 2025 | 8 replies
E Equity, how much of the home will you own on day one.
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4 February 2025 | 12 replies
I would tell people today that if you buy a primary residence expect to stay in that home for atleast five years, especially with a FHA loan which has lower down payment as the current forecasts for home appreciation or very low which with closing costs on the buy and sell, it will take several years to have equity in the property and enough to be able to sell, so that is something also to consider.
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20 February 2025 | 10 replies
If not, you may consider just selling it and reinvesting the equity into a different property or properties.
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25 January 2025 | 7 replies
Personally, my primary residence has appreciated around 6% in market value and I live in Levittown.