
27 February 2025 | 11 replies
But unlike a Roth, there are no contribution limits.

6 March 2025 | 4 replies
Carefully check the documents they send you to make sure there are no red flags.

18 February 2025 | 2 replies
This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall loss.

24 January 2025 | 36 replies
Avantstay's services cost money because they provide value.

21 February 2025 | 7 replies
@Lauren SinzIt makes no difference where you get the number from, if they haven't provided written consent to you specifically, you could be in for a big headache.

7 March 2025 | 0 replies
The 10 year historic occupancy average of 95%, consistent rent growth and delinquency below 1% made it a no brainer How did you find this deal and how did you negotiate it?

3 March 2025 | 4 replies
No details given.

3 March 2025 | 2 replies
Referees schedule these, so the list updates daily and it’s free—no subscription nonsense.

1 February 2025 | 12 replies
Take your sales price, minus selling costs, minus any capex, minus purchase price and that’s your taxable gain.