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28 August 2020 | 4 replies
My inheritance from my parents somewhere in those three decades would give a decent bump but not too much.I could take most of that 1K and make a good dent in my loans, especially with no interest being accrued in response to COVID.
2 September 2020 | 2 replies
Many real estate agents in the market will know who the flippers/rehabbers are too.Out of curiosity, I am guessing you plan on bringing the cash to the table and the flipper will bring their expertise and contractor connections?
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28 August 2020 | 0 replies
Option Two:$2.3M Selling price$299K down (13%)Balance of $2M at a fixed interest rate of 3% w a 30 year amort. and a 5 yr. call($8,436/mo payment plus T&I)My initial curiosities are:-Out of the two options, which one makes more sense?
5 September 2020 | 6 replies
Then interest starts accruing on the balance in the HELOC.I used a first-position HELOC on my rental property (the terms are slightly more conservative for investment properties, but they still lend at 75% appraised value).You only want a first-position HELOC if you live below your means.
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9 September 2020 | 13 replies
Most likely earnest money not refunded and a commission owed to the broker or any fees accrued by said broker(s).
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8 September 2020 | 6 replies
When returning security deposits of $50 or more, the interest rate is payable at 1.5% a year or the simple interest rate accrued at the daily US Treasury Yield curve rate for one year, as of the first business day of each year, whichever is greater.
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22 August 2020 | 8 replies
Questions like these always raise a curiosity to me.
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24 August 2020 | 8 replies
Just out of curiosity, is their a general cap rate or cash on cash return people are looking for right now or is it very neighborhood specific?
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28 August 2020 | 8 replies
I’m going to try to re-run the numbers just out of curiosity (based on Grant H Willcott’s response) to see how close it would get, but I predict this might be a deal that might not work out in my favor at this time.
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21 December 2020 | 18 replies
Just out of curiosity how long have you guys owned your rentals in AK?