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10 December 2024 | 4 replies
We launched HomWork, in 2018, with the intent of acquiring SRO properties that we can remodel and remarket to digital nomads and remote workers.
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18 December 2024 | 12 replies
Remember, buying a property is a financial decision that should align with your long-term goals and comfort.If the new lender offers a better rate and lower monthly payment, it’s reasonable to consider that option.
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19 December 2024 | 82 replies
•Tax Savings Account: To save for quarterly or yearly tax payments.
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20 December 2024 | 4 replies
@Chris Kay it's VERY difficult to cashflow with 0% down purchases.We do 0-10% down Land Contracts and know going in we may actually have negative cashflow - which is acceptable given the low down payment and avoiding mortgage costs.
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17 December 2024 | 3 replies
If it would help to get a more detailed estimate feel free to reach out.Documentation is rather limited, just ID, bank statement, LLC documents to start.Sometimes there are interest-only options at 30 and 40 years, generally the difference in payment fully amortized over I/O is minimal so it may not be worth it.
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9 December 2024 | 98 replies
There's a lot of people investing in Bitcoin and other digital currencies.
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19 December 2024 | 24 replies
The bids I won, are down payments on property that has "small" balances under $20K but I do not see how this is legit.
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18 December 2024 | 23 replies
We paid ours off when our balance was $125k, but on a 15 so payments were fairly high at $1732 PI.
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18 December 2024 | 12 replies
Are you aiming to lower your monthly payment, shorten the loan term, or switch from an adjustable rate to a fixed rate?
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18 December 2024 | 7 replies
You then draw your HELOC balance as the down payment for the flip.