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28 January 2025 | 3 replies
When looking at properties in other cities, I usually start by researching market trends like price-to-rent ratios, crime rates, and growth potential.
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22 January 2025 | 14 replies
Yes their rates are steep, but that's hard $$$ for you.
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26 January 2025 | 0 replies
I financed this deal on a 30yr conventional loan and I put 11,000 down with a 6.625% interest rate.
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29 January 2025 | 4 replies
I offered them 10% down, interest rates favorable to me, amortized for 30 years, but with a balloon payment after 3-5 years.
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21 January 2025 | 2 replies
Picking up flexible part-time jobs to qualify for a mortgage is definitely a smart move, as conventional lenders typically look for consistent W2 income.
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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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12 January 2025 | 12 replies
Probably 8%+ mortgage interest at 40% down to make a safe assumption.
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14 January 2025 | 3 replies
How to Price the Condos: Do a reverse amortization schedule for a 30-year mortgage based on Room Rental Prices in the Area.
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13 January 2025 | 8 replies
Just make sure you’re comfortable with the interest rate if going either route.
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11 February 2025 | 29 replies
Both hold their own mortgages which is very convenient as well.