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31 December 2024 | 3 replies
@Jessica Frisk I would not be keen on the 15-yr fixed rate mortgage if that makes you cash flow negative.
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10 January 2025 | 28 replies
I also broker mortgage notes.
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30 December 2024 | 103 replies
Will rent out the unit we’re leaving which covers about 65% of our new mortgage, if we pocketed it but that stays in the rental fund.
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6 January 2025 | 14 replies
As a park owner, it’s usually better (in my humble opinion) to sell the home to a solid tenant who will then pay lot fees and maybe a mortgage.
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2 January 2025 | 1 reply
Lesson: I wish I'd have gotten more of these properties in the good ol' days of 3% mortgages!
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3 January 2025 | 5 replies
You have to adjust your expectations to match current reality, which includes higher mortgage rates, higher prices, more expensive taxes and insurance, more competition, etc.
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5 January 2025 | 33 replies
.), but my existing LLCs is based in VA and IL.
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12 January 2025 | 23 replies
So, maybe do 30-50% down, for better cashflow and make sure you have reserves for mortgage payments in case there's a rental market dip in the future.DM us if you have any more questions:)
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2 January 2025 | 0 replies
Conventional mortgage with 20% down How did you add value to the deal?