We rented the property for $2000/mn and had a private mortgage of $743 How did you finance this deal?

Quote from @Andrew Cargal: I want to share my experience with The Mortgage Shop.

My problem i is my market is super expensive if I stay in the nyc area and I don’t have the confidence since I don’t have any actual experience to invest out of state do you guys think paying off my mortgage would be more beneficial than looking for more rentals .

If you announce to people there that you are a private lender, you'll have a lineup around the room to talk to you.  

Quote from @Nicholas Goerss: Hello all,I am getting ready to start looking at lender for my second conventional mortgage to buy my second property.

Could you provide guidance on how to navigate this situation from both a tax and mortgage perspective so I won't have issues getting my next property?

Quote from @Jim Rice: Would like to connect with Mortgage Note Investors/Buyers/Sellers of "Paper" (1st/2nd/PL/NPL) in SE USA (primarily AL/MS/GA/TN & Panhandle of FL).

That’s your home mortgage interest as well as property tax and insurance for 2nd half of the year.

Fixed Mortgage does come with closing costs and points upfront which the HELOC does not, except a $95 annual fee. 

Link from Mortgage Bankers Association on forbearancehttps://www.mba.org/news-and-research/newsroom/news/2024/12/...Link on Delinquencieshttps://www.mba.org/news-and-research/newsroom/news/2025/02/...https://www.housingwire.com/articles/fha-va-mortgage-delinqu...Anyone concerned about this?