
11 January 2025 | 7 replies
You could also get a line of credit for about $150k (you should be able to borrow 75% of the value.)The reason I suggest this is…1) you save $40-$60k in selling costs. 2) you have a lower blended interest rate (2/3rds at 3.25% and 1/3rd at 7 or 8% instead of the whole $500k at 7 or 8%) saving you another $1k/mo in interest. 3) you only pay interest on that $150k when you actually use it, not from day 1 Unless you hate this property, or want to buy something you can’t afford without selling, that would be my plan.

16 January 2025 | 12 replies
It earns a great rate of return compared to a bank account and is fairly liquid.

9 January 2025 | 9 replies
I recently opened a HELOC and I recall it's at prime for the first year (7.5% currently), and I only paid minimal closing costs.PML or HML I would expect rates >10%, plus points, possible prepayment penalties etc.

11 January 2025 | 1 reply
I have no social sphere or contacts family or friends in Oregon (I don’t know anyone besides my fiancée).Goals: continue to have flexible schedule while enjoying what I do (selling real estate) and making good money.

27 January 2025 | 18 replies
*K&T wiring insulated with cambric and asbestos is not rated for moisture exposure.

12 January 2025 | 7 replies
Or a seller finance calculator showing the monthly payment based on negotiated price, interest rate, down payment, etc.

13 January 2025 | 15 replies
To send them a message without booking the property, click on the listing, scroll to the bottom of the page and it'll say "contact host."

12 January 2025 | 2 replies
I think it would be better just to stay on good terms and let him know you will contact him when you are ready to sell.

16 January 2025 | 3 replies
Id keep looking if it was not an approved short sale ( even an approved short sale takes a very very long time and theres no guarantee that you will even close on the house after months of waiting). q1)There are plenty of non traditional lenders that could offer you construction financing if the numbers make sense but it will cost you with points and a higher rate.

12 January 2025 | 0 replies
Looking for a house we could house hack, had an incredibly low interest rate on mortgage and house has increased in value about 42%, an estimated 180k in equity.