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6 January 2025 | 4 replies
We've been able to rent properties pretty quickly, just as long as the rental rate is appropriate!
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29 January 2025 | 14 replies
You should always require them to add you to their policy as "additional insured" or "additional interest" and you will be notified if they cancel or change their policy.
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23 January 2025 | 7 replies
You can put a mortgage into a "trust: without triggering a due on sale but again contacting your bank/lender is the best route to avoid any issues.Some banks/lenders or servicing companies change guidelines and even a trust may require other paperwork but the attorney usually facilitates that to be safe.
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7 February 2025 | 10 replies
Floating rate loans may help cash flow early in deal, but put a lot of risk into deals.
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24 January 2025 | 0 replies
.- Low Interest Rates: Competitive interest rates make property ownership accessible, especially for those with stable income like service members.- Military Presence: With U.S. military bases across Germany, local banks are accustomed to assisting service members with financing.How to Qualify1.
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25 January 2025 | 6 replies
There is an much art as science in financial projections and numbers change with the market.
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22 January 2025 | 4 replies
Quote from @Edgar Duarte: hi allI would love to get some perspective from your expertise, we have a property that we would have to sell in 2025 to avoid paying taxes on the capital gains, we believe we rcan sell it for $700K and get an equity of almost $500K after paying the mortgage balance, if we invest all of it option in index funds at 7% rate (standard com growth calculator), or in more rental properties as we are all here for, I can get the equity of around $900K.option B would be keep paying the house at 2.3% int rate while we have it in AirBnB and maybe sell it in 10 years for $900K, knowing that we would be paying taxes but it is not that bad still. or we can 1031 at that point?
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22 January 2025 | 14 replies
Yes their rates are steep, but that's hard $$$ for you.
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22 January 2025 | 1 reply
What a drastic change when I came to Florida.
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4 February 2025 | 6 replies
@Adedotun Kembi Most lenders will only lend a total of 65-75% on a rental and at much higher interest rates due to the higher risk.