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12 February 2025 | 27 replies
For everyone it’s different which is why I ask.
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4 January 2025 | 0 replies
Purchase price: $350,000 Cash invested: $10,000 Sale price: $435,000 Primary residence converted to a rental after 2 years.
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15 January 2025 | 1 reply
I'm excited about your presence.. are you open to different property types if the math works out?
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16 January 2025 | 2 replies
You have used home equity lines of credit to purchase investment rentals and want to know the best way to pay down the HELOCs.Between the two properties you bought, after expenses, you have $250 a month positive cashflow to use.What I like to do is pay down some principal every month with my positive cashflow.I use my extra active income from real estate commissions helping other investors to pay down the principal even more which just frees up that credit for me to use again.I know I can refinance the HELOC debt before it changes to principal and interest as it is just interest only payments as yours are.One difference is the cashflow, I have greater positive cashflow and could make the principal and interest payment in the future with the extra cashflow I already enjoy.I always get HELOCs on my income properties as well after purchasing them to pull out as much of my downpayment as possible.
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20 January 2025 | 15 replies
There were many other questions when I read over the three different term sections that needed agreement to continue with the service, but I never got a response from support on the major noncommercial use clause.Plus, if over 2,600 people are using the product, how many times do you think an agent is going to get messages from various investors through the platform?
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15 January 2025 | 39 replies
Right now real estate is a different ball game.
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16 January 2025 | 15 replies
I try to evaluate a unique property 2-3 different ways, then make a highly educated guess based on my knowledge of the market.
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12 January 2025 | 2 replies
But as for the seller finance, would the loan to the seller be the difference between 450k and the refinance number of 220k?
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18 January 2025 | 11 replies
I work with 2 different PMs given properties in different markets.
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17 January 2025 | 3 replies
I have my own thoughts on what the differences are, but I am biased so I'm curious -- as a listener to both shows what do you think differentiates the two (or should differentiate the two?).