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14 January 2025 | 15 replies
This is a self directed RRSP or TFSA account that allows you to lend your money out to people with the backing of their mortgage for a high interest rate. 1st, 2nd, 3rd mortgages, down payments, refinances, flipping or renovation money.
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14 January 2025 | 15 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
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14 January 2025 | 9 replies
In my experience that's not actually the case at least in legitimate evictions for non-payment of rent or breach of another part of the lease.
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28 January 2025 | 15 replies
Terms such as interest rates and payment schedules are typically negotiable.Combining creative financing with seller financing can include strategies like:Subject-to and Seller Financing: Taking over the seller's mortgage and financing the equity portion through the seller.Lease Option: Renting with an option to buy while negotiating seller financing for part of the purchase.Wraparound Mortgage: Keeping the seller's existing loan while they finance a new loan that includes the balance.To proceed, consider connecting with experienced investors, understanding local legal implications, and attending networking events to gather insights.
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13 January 2025 | 2 replies
all materials, all labor costs to others, Not you, utilities, interest payments, permits, licenses, auto/truck expenses, tools needed are all deductable.
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23 January 2025 | 14 replies
This will be helpful for hosts who have already set up their payments with Alachua County.Despite the oversupply, I still feel there are plenty of opportunities in Gainesville, both for STRs and LTRs.If you’re a current or aspiring real estate investor in Gainesville, feel free to share your thoughts, opinions, and stories.
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15 January 2025 | 2 replies
This is from the BP rental calculator and is exactly what I'm wanting to see, just with extra payments each month.
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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.
13 January 2025 | 41 replies
This way the payment never fluctuates.2.