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18 December 2024 | 0 replies
For example, a buyer putting 20% down on a $500k home would pay around $500k in interest over the life of a typical mortgage at current rate around 6.5%.
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14 January 2025 | 329 replies
How long do eviction filings with the court typically take?
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16 December 2024 | 17 replies
Are mobile homes more prone to these issues than a typical SFH and I sure increase those allotments?
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22 December 2024 | 23 replies
@Brett Jurgens,With strong equity and a good tenant, you have a few options:Cash-Out Refinance: Offers lower, fixed rates for stable monthly payments and lets you keep the property while using equity to invest in another rental.HELOC: Provides flexible access to cash, though with typically higher, variable rates that can fluctuate over time.1031 Exchange: If you're open to selling, a 1031 exchange could defer taxes and allow you to trade up to a higher-value property or diversify into a different market.Each option has pros, so it really depends on whether you want to hold onto the current property or leverage its value for something new.
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17 December 2024 | 8 replies
The most expensive exchanges are typically "one offs" done by an an attorney with no economy of scale which is a direct result of little direct experience.However I'd also counsel that you not simply look for the cheapest "fill in the boxes" internet intermediary either.
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24 December 2024 | 25 replies
When you add those together that's typically your 10 year yield, currently projecting 2% inflation and two and a quarter to 2.5% GDP growth near term, Bond market has felt that FED cut 8 weeks ago too much and too early, thus risking return of inflation.
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14 December 2024 | 4 replies
This ensures enough space for the homes, parking, and any additional amenities while maximizing land use.Project Scale: To reach an institutional-level deal, you'll typically need at least 100 units.
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18 December 2024 | 11 replies
(Banks typically want to see 1 Year+ leases).
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16 December 2024 | 11 replies
With investment properties, you can typically borrow up to 75% of the appraised value - significant funds if the $245,000 estimate holds.
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13 December 2024 | 16 replies
I could ask him what today's date is, or what his favorite color is, and that's how he would respond.)