Over time, I’ve accumulated more cash reserves and don’t need as much flexibility, but I’m actually in the middle of a refinance right now using an interest-only mortgage—because the pricing with the lender and the corresponding ARM is more favorable than a comparable principal-and-interest loan.The key with these alternative or "exotic" mortgage types is that you need to be financially savvy and have a solid plan.

So, they got taken advantage of.4) They didn't do enough research on comparable properties before doing repairs - so went either overboard or slumlord, instead of properly Maintaining to the Neighborhood.The other challenge we encounter often is investors expecting perfection.

It probably won't come close to $150K.Run the numbers if you put the profits into a savings account paying 5% interest and see how that compares

There is a lot of inventory in Jersey City, so compared to the rest of the state, there are opportunities there for good STR operators.

Many landlords think of it as the HIGHEST end of rent prices for comparable rentals.

Owning the multifamily has it's challenges as everyone knows when you compare NNN to multifamily.

I totally get why real estate feels daunting compared to stocks.

We then use this to compare actuals to throughout the year and normally do a reforecast at the end of Q1 as thing evolve and change. 

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Pay it back into the HELOC and save up to 14% (compared to hard money loans).Need cash again?