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17 February 2025 | 3 replies
Don't want all my cash flow to go towards maintenance.
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8 February 2025 | 12 replies
Soon there will be a refinancing event wherein I will be cashed out.
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27 February 2025 | 20 replies
@Christian Artuso I only know OOS investing so cannot speak to investing locally as NYC is not my idea of a cash flow market.
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27 February 2025 | 10 replies
So any cash flow is a return of infinity%.
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5 February 2025 | 5 replies
Which insurance providers or claims adjusters typically handle displacement housing arrangements?
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3 February 2025 | 26 replies
One thing to be mindful of is the cash flow of the property as you get into higher LTVs.
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20 February 2025 | 8 replies
Lenders want to see income, not negative cash flow, even if the loss is just on paper from depreciation.
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6 February 2025 | 4 replies
@Krystal Lozano A good majority of areas still produce day 1 cash flow for multi family in Pittsburgh with a 20-25% down payment.
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22 January 2025 | 0 replies
This is much lower than the costs associated with refinancing.Benefits of Mortgage RecastingLower Monthly Payments: The most immediate benefit is a reduced monthly payment, which can free up cash for other financial goals.Save on Interest: By reducing your principal balance, you’ll pay less interest over the life of the loan, potentially saving thousands of dollars.No Credit Check or Appraisal: Unlike refinancing, recasting doesn’t require a credit check, income verification, or home appraisal, making it a quicker and simpler process.Keep Your Current Interest Rate: If you have a favorable interest rate on your current loan, recasting allows you to maintain it while still lowering your payments.Drawbacks of Mortgage RecastingRequires a Lump Sum: Not everyone has the cash on hand to make a significant lump sum payment, which can make recasting inaccessible for some homeowners.Doesn’t Shorten Loan Term: While your monthly payments are lower, recasting doesn’t reduce the length of your loan.
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26 January 2025 | 54 replies
Does any of the coaches provide any of the following?