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11 January 2025 | 9 replies
The thing about condos is the HOA will go up and your mortgage stays the same so you will end up losing by the end of the mortgage.
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17 January 2025 | 4 replies
If you are considering buying using Subject To - Subto, it's important to know what your exit strategy is.Talk to a mortgage broker (not a bank) and ask if that is a property you will be able to get financing on in the event you have to refinance quickly, because the Due On Sale clause was called.AndTalk to a real estate agent about how much you would have to bring to closing in the event you had to sell quickly.
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12 January 2025 | 0 replies
Looking for a house we could house hack, had an incredibly low interest rate on mortgage and house has increased in value about 42%, an estimated 180k in equity.
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12 January 2025 | 17 replies
Yes, the lender was Premium Mortgage.
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8 January 2025 | 3 replies
There are so many options for LVP now, from lower priced to higher.Yeah, that's not a proper install, you'll have problems.
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11 January 2025 | 12 replies
Purchase price: $320,000 Currently have a long term renter, the rent pays the mortgage and other expenses but provides no cash flow.
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12 February 2025 | 27 replies
I’m approved for a mortgage and want to house hack but doesn’t feel like the opportunity is there at the moment, but I also know that’s a limiting belief.
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17 January 2025 | 17 replies
You should to talk to @Andrew Postell He is the best mortgage guy for this.
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19 January 2025 | 42 replies
Proper bookkeeping will help keep track of who has what dollar amount invested into the property in case of a buyout or a death.
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9 January 2025 | 44 replies
In order for money to go to work it needs to be invested properly.