
21 December 2024 | 6 replies
I am based in OC if anyone has recommendations on advisers Real estate, financial, meet ups, anything really.

17 December 2024 | 86 replies
Next, go and speak to at least 5 lenders, explain your situation and let them advise you on how to make it happen.

18 December 2024 | 6 replies
I'm not the fair housing landlord expert but I'd probably steer away from referring to it as "veteran housing"Either way I can relate to your situation a little because I also own a house that is shared by multiple people.

21 December 2024 | 10 replies
Is there a funky property tax issue that arises with the collateral that is a local municipality error and can lender quickly analyze the situation, assess and articulate the risk and allow draws to carry on or will they make the life of the borrower miserable?

12 December 2024 | 9 replies
Buying a home is the bay area retirement planYes, there are a lot details and differences for everyone's particular situation.

13 December 2024 | 32 replies
maybe you can form your own mastermind / small group of local people in your same situation and work on strategies together.I think @Marcus Auerbach totally nailed it.

18 December 2024 | 9 replies
Simply be a calm stand off landlord who is expecting his tenants to honor the lease - Not you accommodate their personal situation.

14 December 2024 | 101 replies
I hope now that we exposed them, people, who are now in a similar situation will be able to identify this scam and not lose their money and credit over this.
21 December 2024 | 18 replies
That being said, we have an incomplete picture of your personal situation so please take this advice with a grain of salt.Good luck with your investing journey!

19 December 2024 | 5 replies
For something more robust, tools like Excel or online calculators from financial planning sites might better suit your needs.Your ROI Formula:ROI = (Net Cash Flow ÷ Total Out-of-Pocket Investment) × 100For your scenario:Net Cash Flow = Annual Rental Income - (Mortgage Payment + 401k Loan Payment + Other Expenses)Total Out-of-Pocket Investment = $40,000 cash + $50,000 loan payments over 5 years.I came across a piece in Bloomberg recently discussing creative financing, and they touched on ROI calculations for multiple loans.Personal anecdote: A buddy of mine leveraged a 401k loan for a fourplex.