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2 December 2024 | 33 replies
Fed's can talk all they want about "creating" however millions of homes, it changes nothing unless Harry Potter comes into office and shezams them into existence.
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9 December 2024 | 3 replies
She rented out the second bedroom to a traveling nurse and found that the rental income not only covered half her mortgage but also let her save for her next property.
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4 December 2024 | 3 replies
Hypothetically, you'd need >2K rent on a 250K home to get more than 5% CoC (ballpark numbers with a few assumptions, mgmt fees, putting 30% down, etc), and it seems very unlikely this would exist where I'm looking..
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5 December 2024 | 2 replies
With property churn and tenant churn, many opportunities exist from large scale design projects to smaller tweaks and "freshening things up".At either group/meeting, mention my name and ask for me.
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4 December 2024 | 7 replies
Open to an existing home with a large lot/acreage.
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6 December 2024 | 4 replies
I assume the sellers are offering seller financing since obtaining a traditional mortgage or refinancing to one after 7 years for this property is highly unlikely.
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7 December 2024 | 0 replies
30 yr mortgage with VA How did you add value to the deal?
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5 December 2024 | 0 replies
It’s given me the opportunity to save and prepare for my next upcoming purchase.I’ve gotten the units from $750x2 and $800x2 to a consistent $900. current mortgage is $2500 monthly, refinancing to a conventional and removing mortgage insurance should bring me to $2100.
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2 December 2024 | 1 reply
Demolish The Home and Build New: You can demolish the existing house and build new.
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9 December 2024 | 6 replies
If you only plan on owning 2-4 properties, then there's really no harm in self-funding them unless you know a better, safer way to make more than the going interest rate on that money (most investment mortgages right now are about 7%, maybe effectively 5.5-6% after taxes depending on your brackets and tax structure).